A RISK MANAGEMENT SYSTEM IN INSURANCE UNDERTAKING
The purpose of this article is to identify and to define a role of risk management in insurance undertakings, particularly in the light of new regulations. Therefore, an obligatory of implementing a risk management system in insurance undertaking can have a negative impact on effectiveness or effic...
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| Format: | Article |
| Language: | English |
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Nicolaus Copernicus University in Toruń
2017-03-01
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| Series: | Copernican Journal of Finance & Accounting |
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| Online Access: | https://apcz.umk.pl/CJFA/article/view/12572 |
| Summary: | The purpose of this article is to identify and to define a role of risk management in insurance undertakings, particularly in the light of new regulations. Therefore, an obligatory of implementing a risk management system in insurance undertaking can have a negative impact on effectiveness or efficacy entity is the hypothesis of this publication. To prove or refute a hypothesis, a qualitative method and empirical research were applied. Finally, the hypothesis was proved.
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| ISSN: | 2300-1240 2300-3065 |