Meaning TRANSFER OF RISK
What does TRANSFER OF RISK mean? Here you find 6 meanings of the word TRANSFER OF RISK. You can also add a definition of TRANSFER OF RISK yourself
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TRANSFER OF RISKA risk management technique whereby risk of loss is transferred to another party through a contract (e.g., a hold harmless clause) or to a professional risk bearer (i.e., an insurance company).
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TRANSFER OF RISKTransfer of risk is a basic premise of insurance. The arrangement between an insured and insurance provider is always transfer of risk, because the insurance provider accepts financial responsibility [..]
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TRANSFER OF RISKShifting all or part of a risk to another party. Insurance is the most common method of risk transfer. But other devices, such as hold harmless agreements, also transfer risk. One of the four major ri [..]
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TRANSFER OF RISKShifting all or part of a risk to another party. Insurance is the most common method of risk transfer, but other devices, such as hold harmless agreements, also transfer risk. One of the four major ri [..]
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TRANSFER OF RISKShifting all or part of a risk to another party. Insurance is the most common method of risk transfer, but other devices, such as hold harmless agreements, also transfer risk. One of the four major ri [..]
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TRANSFER OF RISKShifting all or part of a risk to another party. Insurance is the most common method of risk transfer, but other devices, such as hold harmless agreements, also transfer risk. One of the four major risk management techniques. Also see "risk management".
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