Tradable risk

{
  "id": "MLC-T-INS-003750",
  "term": "Tradable risk",
  "field": "Insurance and risk management",
  "definition": "A risk that can be transferred from one party to another through a financial instrument or contract, allowing its value to be determined by market forces. These risks have standardized units and are liquid enough to be bought and sold on an organized exchange or in an over-the-counter market. Examples of instruments used to trade risk include insurance-linked securities, catastrophe bonds, and weather derivatives.",
  "url": "https://mlchart.com/terminology/insurance/tradable-risk/"
}