Page 114 - RISK Management IC86 Ebook
P. 114
Risk Management
b) Manufacture, sale and distribution of products and
services
c) Property of others in care, custody or control
d) Professional activities
e) Fiduciary relationships such as management of provident
fund
f) Vehicles - usually automobiles, aircrafts, boats etc
g) Occupation related diseases or injuries to workmen
h) Activities that may be considered as public or. private nuisance,
i) Property and activity of any other kind.
n We can measure property or earnings exposure with some
accuracy. Liability measurement is much harder. The issues
that need to be addressed will be:
n Whose liability ?
l individuals
l company
l group
n To whom ?
l employees
l customers
l others
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