MLchartDataset catalogue

Special risks

Term · Insurance and risk management · MLC-T-INS-003739

Unusual or unique exposures to loss that fall outside the scope of standard insurance policies due to their nature, magnitude, or unpredictability. These risks often require specialized underwriting, customized policy wordings, or placement in the excess and surplus lines market. Examples include political risk, kidnap and ransom, or highly complex engineering projects.

Table 1. Record
IdentifierMLC-T-INS-003739
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003739",
  "term": "Special risks",
  "field": "Insurance and risk management",
  "definition": "Unusual or unique exposures to loss that fall outside the scope of standard insurance policies due to their nature, magnitude, or unpredictability. These risks often require specialized underwriting, customized policy wordings, or placement in the excess and surplus lines market. Examples include political risk, kidnap and ransom, or highly complex engineering projects.",
  "url": "https://mlchart.com/terminology/insurance/special-risks/"
}

Record 3,192 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.