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Solutions to incertitude: risk management in insurances

Author

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  • Mitu, Narcis Eduard

Abstract

Business and risk have always been considered complementary concepts. Many companies are successful because of their ability to correctly recognize and to direct successfully all the risks resulting from the activities developed. Thus, we may say without being wrong, that risk represents an essential part in business.

Suggested Citation

  • Mitu, Narcis Eduard, 2005. "Solutions to incertitude: risk management in insurances," MPRA Paper 10776, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:10776
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    File URL: https://mpra.ub.uni-muenchen.de/10776/3/MPRA_paper_10776.pdf
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    More about this item

    Keywords

    insurances; risk management; operational risk; financial risk; strategical sisk; hazard;

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G22 - Financial Economics - - Financial Institutions and Services - - - Insurance; Insurance Companies; Actuarial Studies
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill

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