Question: With practical examples give two distinctions between financial risk and non financial risk. Demonstrate four means through which risk can be transferred. A car rental

With practical examples give two distinctions between financial risk and non financial risk.

Demonstrate four means through which risk can be transferred.

A car rental company is seeking more knowledge from you on risk management Pre-lost objectives and post-lost objectives. Provide 5 explanation to the CEO of the company your understanding on Pre-lost objectives and post-lost objectives with examples.

Compare the risk of (i)fire and (ii)War in terms of how well they meet any five requirements of an ideally insurable risk.

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