MLchartDataset catalogue

Pool

Term · Insurance and risk management · MLC-T-INS-002606

An arrangement where multiple insurers or entities combine their resources to share risks that are too large or specialized for any single entity to handle alone. This mechanism allows for the distribution of high-value or catastrophic risks across a broader base. Examples include nuclear energy pools or terrorism insurance pools.

Table 1. Record
IdentifierMLC-T-INS-002606
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002606",
  "term": "Pool",
  "field": "Insurance and risk management",
  "definition": "An arrangement where multiple insurers or entities combine their resources to share risks that are too large or specialized for any single entity to handle alone. This mechanism allows for the distribution of high-value or catastrophic risks across a broader base. Examples include nuclear energy pools or terrorism insurance pools.",
  "url": "https://mlchart.com/terminology/insurance/pool/"
}

Record 2,641 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.