Risk in the Insurance Sector
نویسنده
چکیده
The American humorist Will Rogers once said: “Insurance is a wonderful thing. It’s the only way the ordinary person can purchase a catastrophe on an instalment plan”. Allowing for the humorous inversion, this quip captures the importance of insurance to people. The basic function of the insurance sector is to take the burden of risk off the shoulders of individual citizens and businesses by assuming those risks in their stead. This makes it a little different from other financial services, such as banking.
منابع مشابه
The Role of EGFI on Export of Agricultural Sector
The present article studies role of Iran export insurance fund on agricultural export sector by during 1385-1391.Since activity in agricultural sector is one of the most dangerous economical activities, and the most important problem of planners and politicians of agricultural development reducing risk of economic activities and increasing security coefficient for producers of agricultural sec...
متن کاملThe Role of EGFI on Export of Agricultural Sector
The present article studies role of Iran export insurance fund on agricultural export sector by during 1385-1391.Since activity in agricultural sector is one of the most dangerous economical activities, and the most important problem of planners and politicians of agricultural development reducing risk of economic activities and increasing security coefficient for producers of agricultural sec...
متن کاملRole of insurance in broiler farms risk management (A case study of Rudbar county)
Agriculture sector faces risks caused by natural damaging events. So, it is necessary to predict, counteract and mitigate the risks of agricultural activities to increase investment security, to identify risks and to practice risk management methods, in which insurance has a special niche as a risk counteraction and mitigation measure. The objective of this study was to study the role of insura...
متن کاملA Study of the Factors Affecting the Insurance Acceptance by Ornamental Plants Producers: A Case Study of Kohgiluyeh and Boyer Ahmad Province
Crop insurance is an appropriate way to overcome the risk in agricultural production sector and increase farmer’s peace of mind for their future income. In the agricultural sector of Kohgiluyeh and Boyer Ahmad, the risk of production is high due to the substantial losses of crops and other diseases and so is the income risk. Since most local farmers have low incomes and livelihoods, natural dis...
متن کاملInvestigating the Short-run and Long-run Causal Relationship between the Stock Price Index in Insurance Industry, Banking Sector and Investment Sector
The purpose of this Research is to investigate the causal relationship between the stock price index in the insurance industry, banking sector, and the investment sector during 2009 – 2017 period. So, a long-term relationship between variables was investigated by Johansson-Juselius test. Then, by Vector error correction model (VECM), the causal relation between the variables of the model was...
متن کاملFactors Influencing the Policyholders’ Satisfaction with the Performance of Insurance Fund in the Field of Agricultural Products: the Case Study of Wheat Growers in Ilam
Since insuring agricultural products is one of the effective instruments for risk management in agricultural sector, it can reduce risk avoidance among farmers and increase their competence in using production factors and, consequently, increases their inclination towards investment in agricultural sectors. The purpose of the current study was to investigate the factors influencing policyholder...
متن کامل