CHAPTER 1 RISK AND INSURANCE
Insurance , Legal and Regulatory CII CHAPTER 1 RISK AND INSURANCE Learning objectives: list the main components of risk (menjelaskan komponen utama risiko) describe how risk is perceived (menggambarkan bagaimana resiko dipersepsikan) state the function of risk management (menetapkan fungsi risk management) describe the process of risk management (menggambarkan proses risk management) demonstrate how insurance relates to risk (menunjukkan hubungan asuransi dengan risiko) identify the categories into which risks are divided (mengidentifikasi kategori pembagian risiko) compare insurable and uninsurable risks (membandingkan risiko yang dapat diasuransikan dan tidak) describe the relationship between frequency, severity, risk and insurance (menggambarkan hubungan antara frequency, severity, risiko dan asuransi) distinguish the terms perils and hazard as they relate to insurance (membedakan istilah perils dan hazard yang berkaitan dengan asuransi) describe how insurance operates as a risk t