Page 20 - Insurance Glossary 100 Terms - Sashi Publications
P. 20
Risk Identification: The process of finding,
recognizing, and describing risks.
Risk Management: The process of
identifying, assessing, and controlling threats
to an organization's capital and earnings.
Risk Management: The process of
identifying, assessing, and controlling threats
to an organization's capital and earnings.
Risk Mitigation: Actions taken to reduce the
likelihood or impact of a risk.
