A Survey of Consequential Loss Practices in Western Europe with Emphasis on the Chemical Industry
Autor: | Peter Schmeer, Roy Damary |
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Rok vydání: | 1978 |
Předmět: |
Economics and Econometrics
business.industry Natural resource economics food and beverages Chemical industry General Business Management and Accounting Agricultural economics Accounting Western europe Damages Economics Business Management and Accounting (miscellaneous) Risk exposure business Finance Risk management |
Zdroj: | The Geneva Papers on Risk and Insurance - Issues and Practice. 3:45-65 |
ISSN: | 1468-0440 1018-5895 |
DOI: | 10.1057/gpp.1978.10 |
Popis: | The importance of consequential loss cannot be overstressed. CL is the area where pure risk exposure concerns losses which even though on average less than material losses can individually far exceed direct damages and can even represent a substantial fraction of company assets. Satisfactory risk management in CL, which in most cases would involve insurance cover, should therefore be a desire of all responsible management. |
Databáze: | OpenAIRE |
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