MLchartDataset catalogue

Related risk

Term · Insurance and risk management · MLC-T-INS-002868

A peril or exposure that is interconnected with another risk, such that the occurrence of one increases the likelihood or severity of the other. Insurers assess related risks to understand the cumulative impact of potential losses. For example, flood risk and mold damage risk are often considered related.

Table 1. Record
IdentifierMLC-T-INS-002868
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-002868",
  "term": "Related risk",
  "field": "Insurance and risk management",
  "definition": "A peril or exposure that is interconnected with another risk, such that the occurrence of one increases the likelihood or severity of the other. Insurers assess related risks to understand the cumulative impact of potential losses. For example, flood risk and mold damage risk are often considered related.",
  "url": "https://mlchart.com/terminology/insurance/related-risk/"
}

Record 2,932 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.