Global Information Lookup Global Information

Risk pool information


A risk pool is a form of risk management that is mostly practiced by insurance companies, which come together to form a pool to provide protection to insurance companies against catastrophic risks such as floods or earthquakes. The term is also used to describe the pooling of similar risks within the concept of insurance. It is basically like multiple insurance companies coming together to form one. While risk pooling is necessary for insurance to work, not all risks can be effectively pooled in a voluntary insurance bracket unless there is a subsidy available to encourage participation.[1]

  1. ^ "Wading Through Medical Insurance Pools: A Primer," American Academy of Actuaries September 2006 http://www.actuary.org/pdf/health/pools_sep06.pdf

and 23 Related for: Risk pool information

Request time (Page generated in 0.9089 seconds.)

Risk pool

Last Update:

A risk pool is a form of risk management that is mostly practiced by insurance companies, which come together to form a pool to provide protection to insurance...

Word Count : 576

The Risk Pool

Last Update:

The Risk Pool is a 1988 novel by American author Richard Russo. It is a Bildungsroman or "coming of age" novel set in fictional Mohawk, New York, a dying...

Word Count : 421

Climate risk

Last Update:

well-designed climate risk insurance can act as a safety net for countries while improving resilience. A risk pool is a form of risk management that is mostly...

Word Count : 5433

Swimming pool

Last Update:

A swimming pool, swimming bath, wading pool, paddling pool, or simply pool, is a structure designed to hold water to enable swimming or other leisure...

Word Count : 6009

Health insurance

Last Update:

individuals. By estimating the overall risk of health risk and health system expenses over the risk pool, an insurer can develop a routine finance structure...

Word Count : 10800

Protection and indemnity insurance

Last Update:

Act 1906. A P&I club is a mutual insurance association that provides risk pooling, information and representation for its members. Unlike a marine insurance...

Word Count : 2422

Equalization pool

Last Update:

equalization pool is a fund created to level out differences in financial risk, often across long periods of time, in a process known as risk equalization...

Word Count : 954

Insurance

Last Update:

independently self-insure and risk bankruptcy from a large judgment or catastrophic loss, such governmental entities form a risk pool. Such pools begin their...

Word Count : 14689

Risk

Last Update:

Insurance risk is often taken by insurance companies, who then bear a pool of risks including market risk, credit risk, operational risk, interest rate risk, mortality...

Word Count : 10265

Universal health care

Last Update:

effectively a single-payer or common risk pool. The government later opened VHI to competition, but without a compensation pool. That resulted in foreign insurance...

Word Count : 5840

Health insurance mandate

Last Update:

with which goes towards a subsidy of private insurance via the risk reinsurance pool operated by the regulator. The government pays the entire cost for...

Word Count : 4930

Caribbean Catastrophe Risk Insurance Facility Segregated Portfolio Company

Last Update:

Caribbean Development Bank. Founded in 2007, CCRIF is the first multi-country risk pool in the world, and was the first insurance instrument to successfully develop...

Word Count : 1345

Fish Pool

Last Update:

examples of entities that use futures contracts for risk management of salmon spot price risk. The Fish Pool market caters to a variety of participants, including...

Word Count : 242

Medical Mutual of Ohio

Last Update:

in South Carolina. 2010 - Medical Mutual selected to run the Ohio High Risk Pool by the Ohio Department of Insurance. The program ended in March 2013....

Word Count : 1116

Healthcare in the Netherlands

Last Update:

health care insurance plan was implemented, based on risk equalization through a risk equalization pool. A compulsory insurance basic package is available...

Word Count : 4041

Tide pool

Last Update:

A tide pool or rock pool is a shallow pool of seawater that forms on the rocky intertidal shore. These pools typically range from a few inches to a few...

Word Count : 2709

Intergovernmental

Last Update:

Intergovernmentalism Intergovernmental immunity (disambiguation) Intergovernmental Risk Pool Intergovernmental organization This disambiguation page lists articles...

Word Count : 52

Credit risk

Last Update:

degree of unsystematic credit risk, called concentration risk. Lenders reduce this risk by diversifying the borrower pool. Deposit insurance – Governments...

Word Count : 2098

Health insurance in the United States

Last Update:

higher-risk populations, which would cause an imbalance in the risk pool for other small business health plans that are part of the state small group risk pool...

Word Count : 14053

Richard Russo

Last Update:

have two daughters, Kate and Emily. Mohawk (Vintage Books, 1986) The Risk Pool (Random House, 1988) Nobody's Fool (Random House, 1993) Straight Man (Random...

Word Count : 687

American Health Care Act of 2017

Last Update:

State Stability and Innovation Program" with features analogous to a high-risk pool. Reduce income ceiling used for Medicaid eligibility and substitute a...

Word Count : 12514

General Insurance Corporation of India

Last Update:

terrorism risk. All non-life insurance companies operating in India including GIC Re are members of the Pool. The present membership strength of the Pool is...

Word Count : 1600

Healthcare in Hong Kong

Last Update:

transparency and certainty. In addition, a "high risk pool (HRP)" mechanism was proposed, so that individuals of high risk and have pre-existing medical conditions...

Word Count : 4183

PDF Search Engine © AllGlobal.net