MLchartDataset catalogue

Fundamental risk

Term · Insurance and risk management · MLC-T-INS-001612

A peril that affects a large number of people or a broad segment of society simultaneously, rather than an individual or a small group. These risks are typically impersonal in origin and consequence, arising from societal, economic, or natural forces beyond individual control. Examples include earthquakes, floods, inflation, and widespread unemployment.

Table 1. Record
IdentifierMLC-T-INS-001612
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001612",
  "term": "Fundamental risk",
  "field": "Insurance and risk management",
  "definition": "A peril that affects a large number of people or a broad segment of society simultaneously, rather than an individual or a small group. These risks are typically impersonal in origin and consequence, arising from societal, economic, or natural forces beyond individual control. Examples include earthquakes, floods, inflation, and widespread unemployment.",
  "url": "https://mlchart.com/terminology/insurance/fundamental-risk/"
}

Record 1,517 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.