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Risk - Coggle Diagram
Risk
Classifications
1
pure risk
personal risks
premature death
inadequate retirement income
poor health
unemployment
commercial risk
liability risk
loss of business income
cyber security and identity theft
other risks
human resource exposures
foreign loss exposures
intangible property exposures
Government exposures
property risk
Property risks
loss
indirect or consequential loss
direct loss
liability risk
speculative risk
2
Diversifiable risk
Non diversifiable risk
Enterprise riks
pure
speculative
strategic
operational
financial
systemic risk
burden on society
Larger emergency fund
loss of certain goods and services
worry and fear
Risk
Objective Risk
Subjective Risk
Risk management
techniques
Risk control
Avoidance
Loss prventon
Loss reduction
duplication
Seperation
diversification
Risk financing
Retention
Active
passive
Non insurance transfers
Transfer of Risks by contracts
Hedging price risks
Incorporation of a business firm
Insurance