MLchartDataset catalogue

Noninsurable risk

Term · Insurance and risk management · MLC-T-INS-002340

A risk that does not meet the fundamental criteria for insurability, making it difficult or impossible for insurers to provide coverage. Characteristics of noninsurable risks include catastrophic potential, lack of definable loss, moral hazard, or adverse selection. War, market fluctuations, and changes in fashion are examples.

Table 1. Record
IdentifierMLC-T-INS-002340
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002340",
  "term": "Noninsurable risk",
  "field": "Insurance and risk management",
  "definition": "A risk that does not meet the fundamental criteria for insurability, making it difficult or impossible for insurers to provide coverage. Characteristics of noninsurable risks include catastrophic potential, lack of definable loss, moral hazard, or adverse selection. War, market fluctuations, and changes in fashion are examples.",
  "url": "https://mlchart.com/terminology/insurance/noninsurable-risk/"
}

Record 2,315 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.