Corporate risk management and insurance
Other Title(s)
إدارة مخاطرة الشركة و التأمين
Joint Authors
Luardi, Khaddum
Kalkil, Nur al-Din
Source
Algerian Review of Human Security
Issue
Vol. 6, Issue 2 (31 Jul. 2021), pp.28-36, 9 p.
Publisher
University of Batna 1 Hadj Lakhdar Laboratoire Securite Humaine : Actualite Enjeux Et Perspectives
Publication Date
2021-07-31
Country of Publication
Algeria
No. of Pages
9
Main Subjects
Topics
- Derivative securities
- Finance
- Risk management
- Insurance companies
- Economic institutions
- Insurance policies
Abstract EN
This study aims to develop a strategy for choosing insurance as one of the important tools of risk management, where insurance belongs to special types of risk transfer, by means of insurance the negative consequences of the risks of an unfavorable situation in the future are transferred to an insurance company, which under the terms of the insurance policy covers the loss or damage, either in whole or in part.
Therefore, insurance helps maintain the economic stability of the economic institutions, and protects the company from sudden and unexpected events that lead to financial losses for the institution.
Increased costs, the need for credit, insolvency, and the like are the result of reducing risks.
One of the types of insurance system is based on commercial principles of competition.
The optimal strategies aim at the best application and balance between risk management and the ability to insure to manage the economic institution by choosing a combination of financial products available in the market such as financial derivatives, and insurance is one of these products that have since ancient times formed one of the effective tools in transferring financial risks to insurance companies.
American Psychological Association (APA)
Luardi, Khaddum& Kalkil, Nur al-Din. 2021. Corporate risk management and insurance. Algerian Review of Human Security،Vol. 6, no. 2, pp.28-36.
https://search.emarefa.net/detail/BIM-1250528
Modern Language Association (MLA)
Luardi, Khaddum& Kalkil, Nur al-Din. Corporate risk management and insurance. Algerian Review of Human Security Vol. 6, no. 2 (Jul. 2021), pp.28-36.
https://search.emarefa.net/detail/BIM-1250528
American Medical Association (AMA)
Luardi, Khaddum& Kalkil, Nur al-Din. Corporate risk management and insurance. Algerian Review of Human Security. 2021. Vol. 6, no. 2, pp.28-36.
https://search.emarefa.net/detail/BIM-1250528
Data Type
Journal Articles
Language
English
Notes
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Record ID
BIM-1250528