Risk assumption definition

Risk assumption means a decision to absorb the entity's

Risk assumption means a decision to absorb the entity’s

Risk assumption means a decision to absorb the entity's financial exposure to a risk of loss without the creation of a formal program of advance funding of anticipated losses.

Examples of Risk assumption in a sentence

• Risk assumption must always conform to the risk policy and risk strategy defined by the Board of Executive Directors, which aims at safeguarding a sustainable and stable rate of return on equity based on a conservative approach to business and operational risks.

• Risk assumption shall pass on to the purchaser upon dispatch of the goods ex factory, unless another point in time was agreed upon expressly and in writing.

• Risk assumption policyThe policy contains the possible credit risk assumption services of the Bank and the general requirements applying to risk assumption of the given type, the special rules of assumption of large exposures and the regime of the monitoring of the assumed risks.

• Its payment takes place in the manner and at the time(s) specified in the given Agreement.1.7.4 Risk assumption(a) Risk assumption fee: Fee paid by the Client to the Factor for the event that the latter assumes the risk of non-performance stemming from the Insolvency of the Buyer.

• This is what makes the assumption of traditionally uninsurable risks possible. Risk assumption by non- (re)insurers.Factoring into account these attributes, the domain of ART techniques is as depicted in Figure 2 below.

• Financial corporations thus provide tools for smoothing decisions over time.• Risk assumption services: in the absence of financial corporations, individual (non-financial) economic agents would bear the full risk of financial operations.

• It is recommended that the Board approve the purchase of two fleet vehicles from Theodore Robins Ford totaling $53,571, vehicle accessories totaling $17,248, and salvage Unit 14.

• Risk assumption depends onpast investment operation, future projection, trend in the economy, government intervention programmes and the expected returns from the investment.

• Risk assumption is the outcome of interest because a core objective of current reforms is to reduce the amount of hospital payments tied to FFS as a mechanism to improve the value of care delivered ("Better Care.

• Land: to identify, acquire and prepare land for physical development.2. Trunk infrastructure: to connect site to trunk infrastructure.3. Site layout: to plan location and program of site components.4. Design: to configure and design project – units, buildings, landscape.5. Risk assumption: to absorb potential risks and commit funds to project.

More Definitions of Risk assumption

Risk assumption or "risk sharing" means, for the purpose of this regulation, a transaction whereby the chance of loss, including the expenses for the delivery of service, with respect to the health care of a person, is transferred to or shared with another entity, in return for a consideration. Examples include but are not limited to, full or partial capitation agreements, withholds, risk corridors, and indemnity agreements;

Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materialises. A party performing part of the risk management functions may not assume the risk that is the subject of its management activity, but may be hired to perform risk mitigation functions under the direction of the risk-assuming party.

Risk assumption or “risk sharing” means a transaction whereby the chance of loss, including the expenses for the delivery of service, with respect to the health care of a person is transferred to or shared with another entity (e.g., Carrier, including an LSLPN), in return for a consideration. Examples include, but are not limited to, full or partial capitation agreements, withholds, risk corridors, and indemnity agreements. For the purposes of this regulation, fee-for-service, per diem payments, diagnostic-related group payment agreements, and employee assistance programs (EAPS) are not considered to be risk assumption or risk sharing arrangements.

Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materializes. A party performing part of the risk management functions may not assume the risk that is the subject of its management activity, but may be hired to perform risk mitigation functions under the direction of the risk-assuming party. (c) Financial capacity to assume risk can be defined as access to funding to take on the risk or to lay off the risk, to pay for the risk mitigation functions and to bear the consequences of the risk if the risk materializes. Access to funding by the party assuming the risk takes into account the available assets and the options realistically available to access additional liquidity, if needed, to cover the costs anticipated to arise should the risk materialize. (d) Control over risk involves the first two elements of risk management defined in (a), that is: