Risk appetite
Term · Insurance and risk management · MLC-T-INS-002962
The amount and type of risk that an organization is willing to accept in pursuit of its objectives. It defines the boundaries within which the organization operates, guiding decision-making regarding risk-taking activities. Risk appetite is typically expressed qualitatively and quantitatively, reflecting the organization's strategic goals.
| Identifier | MLC-T-INS-002962 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-002962",
"term": "Risk appetite",
"field": "Insurance and risk management",
"definition": "The amount and type of risk that an organization is willing to accept in pursuit of its objectives. It defines the boundaries within which the organization operates, guiding decision-making regarding risk-taking activities. Risk appetite is typically expressed qualitatively and quantitatively, reflecting the organization's strategic goals.",
"url": "https://mlchart.com/terminology/insurance/risk-appetite/"
}
Record 2,986 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.