calculate and anticipate the risks of trying at all times, and not one that is dedicated to mathematical calculations the subject.But experience shows that bad things happen always unexpected.
Insurance of building risk
Such activity during construction is an effective protection against possible losses.Whatever the development of technologies in the industry, advanced technical equipment work site, it is impossible to exclude the possibility of damage during the construction of facilities.
Insured .In this case, the contract is one for the entire volume of construction works, which are considered to be insured, all members are at this facility.Insured often serves the general contractor, as bears full responsibility to the client project.
Insurance objects .This contract involves the insurance of risks equipment at the job site, designed to carry out certain works, namely:
- all kinds of construction products;
- mechanical tools and mechanisms;
- temporary structures at the construction site;
- buildings, requiring reconstruction and repair.
fundamentally new directions - this insurance:
- potential interruptions in the working process;
- breach of the signed contract for the construction.
coating. insurance risks on this program works on the principle «all risks», which involves the provision of protection, not only in the classical case, but in other extraordinary situations.
Insurance amount .According to the mutual agreement, set a fixed rate, which consists of cash payments on the construction project and taking responsibility for the harm caused to third parties.
insurance banking risks
specifics of the banking business requires protection from possible losses that arise because of the unstable situation on the domestic market and on the world.Insurance risks implies, in this case, not only the probability of non-profits on market transactions, but also the possibility of losing the entire capital.We recognize such kinds:
- Financial: credit, interest rate, liquidity, investment, currency.As well as the risk of insolvency.
- Function: strategic, technological, operational.Furthermore, there is the risk of the introduction of new products and technologies different bank.
- Exterior: probability of non-compliance and loss of reputation.
insurance risks in the banking business is not only a credit institution, as in the course of committing various operations it runs the risk not only their finances and, above all, money savers.However, the full capital of the bank to insure it is impossible, therefore, a special reserve fund of funds.This procedure is carried out only for especially important for the establishment of contributions.
Many countries have introduced into the practice of compulsory purchase of the bank's basic policy that enhances the reputation of the institution and to attract new customers.
