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Future Profit in an Insurance Contract

The insurance service result which represents the profit earned from providing insurance coverage. It is the excess of the insurance...

Diversifiable Risk

An element of risk (specifically, price risk) that is diversifiable (by means of diversification)- i.e., major part of which can...

Dispersion

The state of getting dispersed or spread across or throughout a range or spectrum. In statistics, dispersion refers to the...

Dispersion Risk

A type of risk (financial risk) that arises from the situation where an investment or asset has a dispersed range...

Financial Risk

In relation to insurance and insurance contracts, financial risk refers to the type of risk that affects a contract's future...

Downside Risk

A type of risk (financial risk) that arises from potential losses to an investment/ position/ holding/ asset, etc. Regardless of...

NFR

It stands for non-financial risk; a type of risk that is not financial in nature. It constitutes all types of...

Non-Financial Risk

A type of risk that is not financial in nature. It constitutes all types of risk other than financial risk...

Financial Risk

A type of risk that reflects all negative factors/ developments that can lead to financial losses to an entity. It...

NFR

It stands for non-financial risk; all of the risks which are not part of the broad universe of financial risks...