Transfer risk pricing
Term · Insurance and risk management · MLC-T-INS-003359
The process of determining the appropriate premium or cost for assuming a specific risk from another party. This involves assessing the likelihood and potential severity of future losses associated with the transferred risk. Actuarial methods and historical data are commonly used to calculate these prices.
| Identifier | MLC-T-INS-003359 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-003359",
"term": "Transfer risk pricing",
"field": "Insurance and risk management",
"definition": "The process of determining the appropriate premium or cost for assuming a specific risk from another party. This involves assessing the likelihood and potential severity of future losses associated with the transferred risk. Actuarial methods and historical data are commonly used to calculate these prices.",
"url": "https://mlchart.com/terminology/insurance/transfer-risk-pricing/"
}
Record 3,491 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.