0
what is pooling of risks?
This is when a premium is payed by a number of people facing a similar risk into a pool of compensation in the case of any unknown expense. eg repair of a damaged store or even replacement.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is pooling risks?
what is pooling of risks? This is when a premium is payed by a number of people facing a similar risk into a pool of compensation in the case of any unknown expense. eg repair of a damaged store or even replacement.
What is the explanation for the concept of risk pooling?
What is the basis for the concept of risk pooling? The basis for the concept of risk pooling is to share or reduce risks that no single member could absorb on their own. Hence, risk pooling reduces a person or fim's exposure to financial loss by spreading the risk among many members or companies. Actuarial concepts used in risk pooling include: A. statistical variation.B. the law of averages.C. the law of large numbers.D. the laws of probability.
What is pooling substation?
The Substation which comes power from the power plant know as pooling substation.
What was a common activity of the grange?
pooling resources to buy equipment pooling resources to buy equipment
What is is blood pooling?
blood pooling is when the circulation of blood is minimal or non-existant in a part of the body.
What is the meaning of manpower pooling?
Pooling regards to putting together and aggregation of capital, objects and human resources. Similarly manpower pooling is the assembly of human labor/resources towards an objective.
What are the most common causes that cause of pooling blood?
Long periods of reclining can cause pooling of blood in dependent areas. Vasovagal reactions also cause pooling of blood.
What is the definiton of blood-pooling?
blood pooling is when the circulation of blood is minimal or non-existant in a part of the body.
What is pooling in the field of operating system?
pooling is creation of buffer pool (temp.storage) for reading and writing operations..!
What is the definition of blood pooling?
it means, blood building up in the heart like a pool.
What is software pooling?
neam pojma.
What is the meaning of man pooling?
for fun
