Financial risk management

{
  "id": "MLC-T-INS-003654",
  "term": "Financial risk management",
  "field": "Insurance and risk management",
  "definition": "The systematic process of identifying, assessing, and mitigating financial exposures that could negatively impact an organization's assets, earnings, or cash flow. This involves analyzing market risk, credit risk, liquidity risk, and operational risk. Strategies include hedging, diversification, and insurance to protect against adverse financial events.",
  "url": "https://mlchart.com/terminology/insurance/financial-risk-management/"
}