浙江财经大学-全面风险管理和保险(双语)-期末题库.docxVIP

pure risk: Risk where the random outcome can only result in loss (produce a cash outflow); that is, no outcome involving a gain (cash flow) is possible.retention: With which a business or individual retains the obligation to pay for part of all of the losses. When coupled with a formal plan to fund losses for medium-to-large business, retention often is self-insurance.integrated risk management: It is a new approach to corporate the risk management, which uses the technology of both finance and insurance to address the whole range of corporate risk-financial, insurable, operational, and busine