Data Management

Solutions To Incertitude: Risk Management In Insurances

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Executive Summary

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. In general, the greater the benefits, the higher the risks. Due to the economic and technological development, the improvement of the living standards and the freedom of moving forward, the number and the variety of risks are on the increase. The success of a company over its competitors depends on the way of administrating the risk.

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