Target risk
Term · Insurance and risk management · MLC-T-INS-003277
A specific type of hazard or exposure that an insurer identifies as particularly undesirable or prone to high losses. Underwriters pay close attention to these risks due to their potential for severe financial impact or frequency of claims. Insurers often apply stricter underwriting guidelines, higher premiums, or specific exclusions to policies covering target risks.
| Identifier | MLC-T-INS-003277 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003277",
"term": "Target risk",
"field": "Insurance and risk management",
"definition": "A specific type of hazard or exposure that an insurer identifies as particularly undesirable or prone to high losses. Underwriters pay close attention to these risks due to their potential for severe financial impact or frequency of claims. Insurers often apply stricter underwriting guidelines, higher premiums, or specific exclusions to policies covering target risks.",
"url": "https://mlchart.com/terminology/insurance/target-risk/"
}
Record 3,365 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.