MLchartDataset catalogue

Diversification

Term · Insurance and risk management · MLC-T-INS-001200

A risk management strategy that involves spreading investments or risks across a variety of assets, industries, or geographic regions to reduce overall exposure to any single risk. In insurance, diversification applies to underwriting a broad portfolio of risks to minimize the impact of large losses from any one category. It aims to reduce unsystematic risk.

Table 1. Record
IdentifierMLC-T-INS-001200
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001200",
  "term": "Diversification",
  "field": "Insurance and risk management",
  "definition": "A risk management strategy that involves spreading investments or risks across a variety of assets, industries, or geographic regions to reduce overall exposure to any single risk. In insurance, diversification applies to underwriting a broad portfolio of risks to minimize the impact of large losses from any one category. It aims to reduce unsystematic risk.",
  "url": "https://mlchart.com/terminology/insurance/diversification/"
}

Record 1,025 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.