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Mapa Mental
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helen_woolford
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A-Levels 4. Risk Response Mapa Mental sobre Insurance and risk transfer, creado por helen_woolford el 24/05/2013.
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4. risk response
4. risk response
a-levels
Creado por
helen_woolford
hace casi 12 años
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107785
mind_map
2016-10-10T00:30:36Z
Insurance
and risk
transfer
Importance of insurance
Risk response
Risk financing (RF)
Indemnity against
loss
Delay in obtaining
settlement of claim
Different
types
Conventional
Contractual
Captive
Pooling
Derivatives
Alternative RF
Single premium
bonds
Types of insurance cover
Legal
Balance sheet/profit
and loss protection
Employees
benefit/protection
Compulsory
Public liability
Business Premises
Asset protection
Motor
Terroism
Life and
health
D&O insurance
Purchase of insurance
6Cs of buying insurance
Cost
Coverage
Capacity
Capabilities
Claims
Compliance
Captive insurance
Org not
involved in
insurance
Parent
domiciles
Lower premiums
access to reinsurance markets
Greater risk awareness
Greater cover
Tax benefits
Exposed to claims
allocate
captial
losses on parents balance sheet
Non admittance
in other territories
Admin cost, time &
effort
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107785
mind_map
2016-10-10T00:30:36Z
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