INFORMATION SCENARIOS OVER THE RISK IN INSURANCE
Risks management means identifying them, assessing, quantifying and strategy to counter them, and finding solutions to some levers to diminish or even eliminate the possibility of developing or their consequences. Hung everywhere, risk is associated with uncertain situations and opportunities. The c...
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| Format: | Article |
| Language: | deu |
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University of Oradea
2013-07-01
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| Series: | Annals of the University of Oradea: Economic Science |
| Subjects: | |
| Online Access: | http://anale.steconomiceuoradea.ro/volume/2013/n1/110.pdf |
| _version_ | 1811338971393818624 |
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| author | Mariana Rodica Tirlea Miranda Petronella Vlad |
| author_facet | Mariana Rodica Tirlea Miranda Petronella Vlad |
| author_sort | Mariana Rodica Tirlea |
| collection | DOAJ |
| description | Risks management means identifying them, assessing, quantifying and strategy to counter them, and finding solutions to some levers to diminish or even eliminate the possibility of developing or their consequences. Hung everywhere, risk is associated with uncertain situations and opportunities. The consequences of risk can result in adverse or positive effects related to the activity of the insurance undertaking or of the reinsurance undertaking. The risk has a pronounced randomly character, and its presence in the field of insurance undertakings and reinsurance. This can be explained by the fact that the risks are taken by these companies and have direct effects on their financial results during the period of validity of the contractual relations. The results of risk effects have an impact on the results of activity of insurance companies. The financial impact of a negative event, exceed the sum of the individual loss, leading in some cases to bankruptcy. The financial impact is due
to the positive opportunities, which have not made an appearance, and the first event to transform into income. An important role is the responsibility of the information system, providing solutions based on scenarios, by electronic data processing, consider all types of consequences of a hazard and allow insurance companies and reinsurance, on the other hand, to calculate all the possible consequences of a given event and the ultimate financial impact on them, and finally, to make decisions to base decisions for various insurance products and reinsurance. People insurance records for each situation. In practice the scenario method is only used to make specific estimates for different scenarios depending on the circumstances, which has a certain probability of realization, for the favorable; for the neutral and negative and gives solutions for each individual, taking into account certain criteria. For example, we will present a life insurance in several poses. |
| first_indexed | 2024-04-13T18:19:12Z |
| format | Article |
| id | doaj.art-c7e7adbc25d44ed48a7a68bb0aa895ac |
| institution | Directory Open Access Journal |
| issn | 1222-569X 1582-5450 |
| language | deu |
| last_indexed | 2024-04-13T18:19:12Z |
| publishDate | 2013-07-01 |
| publisher | University of Oradea |
| record_format | Article |
| series | Annals of the University of Oradea: Economic Science |
| spelling | doaj.art-c7e7adbc25d44ed48a7a68bb0aa895ac2022-12-22T02:35:33ZdeuUniversity of OradeaAnnals of the University of Oradea: Economic Science1222-569X1582-54502013-07-0122110441050INFORMATION SCENARIOS OVER THE RISK IN INSURANCEMariana Rodica Tirlea0Miranda Petronella Vlad1 2 3“Dimitrie Cantemir” Christian University Bucharest, Faculty of Economic Sciences of Cluj-Napoca,“Dimitrie Cantemir” Christian University Bucharest, Faculty of Economic Sciences of Cluj-Napoca,,,Risks management means identifying them, assessing, quantifying and strategy to counter them, and finding solutions to some levers to diminish or even eliminate the possibility of developing or their consequences. Hung everywhere, risk is associated with uncertain situations and opportunities. The consequences of risk can result in adverse or positive effects related to the activity of the insurance undertaking or of the reinsurance undertaking. The risk has a pronounced randomly character, and its presence in the field of insurance undertakings and reinsurance. This can be explained by the fact that the risks are taken by these companies and have direct effects on their financial results during the period of validity of the contractual relations. The results of risk effects have an impact on the results of activity of insurance companies. The financial impact of a negative event, exceed the sum of the individual loss, leading in some cases to bankruptcy. The financial impact is due to the positive opportunities, which have not made an appearance, and the first event to transform into income. An important role is the responsibility of the information system, providing solutions based on scenarios, by electronic data processing, consider all types of consequences of a hazard and allow insurance companies and reinsurance, on the other hand, to calculate all the possible consequences of a given event and the ultimate financial impact on them, and finally, to make decisions to base decisions for various insurance products and reinsurance. People insurance records for each situation. In practice the scenario method is only used to make specific estimates for different scenarios depending on the circumstances, which has a certain probability of realization, for the favorable; for the neutral and negative and gives solutions for each individual, taking into account certain criteria. For example, we will present a life insurance in several poses.http://anale.steconomiceuoradea.ro/volume/2013/n1/110.pdfrisk, general risk, country risk, contractual risks, default risk, insurance risk. |
| spellingShingle | Mariana Rodica Tirlea Miranda Petronella Vlad INFORMATION SCENARIOS OVER THE RISK IN INSURANCE Annals of the University of Oradea: Economic Science risk, general risk, country risk, contractual risks, default risk, insurance risk. |
| title | INFORMATION SCENARIOS OVER THE RISK IN INSURANCE |
| title_full | INFORMATION SCENARIOS OVER THE RISK IN INSURANCE |
| title_fullStr | INFORMATION SCENARIOS OVER THE RISK IN INSURANCE |
| title_full_unstemmed | INFORMATION SCENARIOS OVER THE RISK IN INSURANCE |
| title_short | INFORMATION SCENARIOS OVER THE RISK IN INSURANCE |
| title_sort | information scenarios over the risk in insurance |
| topic | risk, general risk, country risk, contractual risks, default risk, insurance risk. |
| url | http://anale.steconomiceuoradea.ro/volume/2013/n1/110.pdf |
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