Principle of Risk Management and Insurance

Order Description
Insurance Principles of Risk Management
You must write a research paper that includes the following:
1. Pick a piece of writing for a business and conduct a Risk Management Insurance study. The Analysis of (Building Insurance, Electric Insurance, Insurance for Fire Disaster and Exposure Risk, Insurance Pure and Speculative Risk, Insurance for Finance Department Risk, Insurance for Traveling Agency Risk, Insurance for Medical Insurance Risk, Insurance for rain and Floods Risk, Insurance for Against Other Risk, Insurance for Employees Death, Retirement, Poor Health, Young Decedent) according to Risk Management Insurance method
2. Introduction: Outline the Insurance from a General and Particular Point of View in Relation to the Company Selected to analyze.
3. Identify Loss Exposures, Define and describe the Damage and the Appropriate Insurance if it is Pure or Speculative, and Provide Two Examples: 1. from the company; 2. a generic illustration of various businesses.
4. Calculate and analyze loss exposures, define, describe the harm, explain the notion of insurance, and provide two examples if the analysis is purely hypothetical. 1. from the company; 2. a generic illustration of various businesses.
5. Insurance Type, Pick the Right Combination of Methods to Address Loss Exposures: 1. Loss Prevention, Loss Retention, Loss Avoidance, and Risk Control
2. Risk Retention, Financing, Transfers Without Insurance, and Commercial Insurance
6. Identifying, for instance, the low loss frequency, the low loss severity = Retention Appropriate management, and writing the relationship between Risk Control and Risk Financing. Loss Prevention and Retention is a technique that will be used when there is a high loss frequency but a low loss severity. Suitable management Low loss frequency, high loss severity, and a technique that will be used = insurance Suitable management High loss frequency, High loss severity, Technique to be used = Avoidance With the proper management technique,
7. Put the risk management program we’re using into action and monitor it.
8. Defining and explaining the types of insurance mentioned above, as well as writing your opinion on each type, what fits with company cases, why each type is good to use in particular situations, and which types of insurance we shouldn’t use in particular situations, as well as adding examples for each type of insurance and your opinions on each insurance case.
9. Finality.

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