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The time now is 10/16/08 - 20:07

Insurance as form of risk management?


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lonny
Apprentice


Joined: 06 Feb 2008
Posts: 7



PostPosted: 05/18/08 - 06:12    Post subject: Reply with quote

I have read an interesting article about risk management. But, I have to admit that I did not have a clue what is it about. Can you explain to me what is the thing with insurance as form of risk management? Can you help poor ignorant? Please write down everything you know about this matter. Thank you all for making a comment. It means a lot to me.
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flory
Apprentice


Joined: 05 May 2004
Posts: 4



PostPosted: 06/16/08 - 21:32    Post subject: Reply with quote

Hi, I have to admit that I too do not know much about this matter, but I will share my knowledge with you hoping that what I know will help you a little. I think that risk management involves techniques and strategies that we use for fighting with the risk and preventing all types of threats. However I do not know what is the use of insurance here.
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