Set: ARM 55 - Chapter 11 : Controlling Net Income Loss Exposures

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All 2 terms

TermDefinition
Net Income RiskUncertainty an organization faces about possible reductions in revenues or increases in expenses, commonly called net income losses in the risk management and insurance communities.
Contingent net income lossA net income loss that is caused by events that occur outside the organization.

Set Information

Terms 2
Creator Lo8002
Created October 16, 2009
Groups None
Subjects net, income, loss, exposure control
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Controlling Net Income Loss Exposures (Work in progress)

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