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Risk, Insurance and Other Industries

In: Fundamentals of Managing Risk and Insurance

Author

Listed:
  • Charles Andoh

    (University of Ghana Business School, Department of Finance)

Abstract

This chapter examines several industries characterised by significant risk exposures, highlighting how the strategic use of insurance can provide effective risk management solutions. It explores the benefits of the fishing industry, the environmental threats associated with its operations, and the role of insurance in addressing these risks. Similarly, the chapter analyses the alcohol industry, discussing its advantages, associated hazards, and loss control measures. The hawking enterprise is also considered, along with the risks inherent in its operations. In addition, the chapter addresses the societal risks posed by drug trafficking and outlines corresponding loss control strategies. The discussion extends to the waste management sector, providing measures to mitigate the risks it presents, and concludes with an examination of the scrap industry.

Suggested Citation

  • Charles Andoh, 2026. "Risk, Insurance and Other Industries," Springer Books, in: Fundamentals of Managing Risk and Insurance, chapter 0, pages 121-147, Springer.
    • Handle: RePEc:spr:sprchp:978-981-95-4581-0_7
    DOI: 10.1007/978-981-95-4581-0_7
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