LIMITATION ON AND PROTECTION AGAINST GLOBAL RISK BY DIFFERENTIAL USING OF THE INSURANCE

OANA MARIA SICOE-MURG, TEODOR MATEOC, SIMONA CRISTINA CONSTANTINESCU, CAMELIA MĂNESCU, RAMONA MARIANA CIOLAC

Abstract


Contemporary society is constantly confronted with an extraordinary variety of risks: natural hazards, professional risks, and risks affecting the health, risks that damage the environment and have adverse effects on future generations etc., of whose action is permanent. To combat all kinds of events, that are random and generators of damages, known as risks, fiscal or legal persons can choose for one of the following options: avoiding or prevention of the risk; limiting the damages caused by the risks produced; creation of reserves inn order to cover, on the expense of own resources of any damages; shift the risk to other entity/person as a form of manifestation of the relationship between risk and insurance.

Keywords


global risk; damage; protection; environment; compensation

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References


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https://www.weforum.org/


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Copyright (c) 2017 OANA MARIA SICOE-MURG, TEODOR MATEOC, SIMONA CRISTINA CONSTANTINESCU, CAMELIA MANESCU, RAMONA MARIANA CIOLAC

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
300645, Timisoara, Calea Aradului 119, Romania

E-mail: tabitaadamov2003 [at] yahoo.com
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