An emerging concern for risk managers is the greater volatility that has been observed in weather patterns-higher high temperatures, lower low temperatures, record rainfall, drought, etc. Collectively, this risk is called
A) seismic risk.
B) hurricane risk.
C) speculative risk.
D) climate change risk.

Question

Quizplus · Accepted Answer

The question specifically mentions "volatility in weather patterns" and "record rainfall, drought," which are indicators of climate change. Seismic risk is related to earthquakes, hurricane risk is specific to hurricanes, and speculative risk refers to investment risks.

An Emerging Concern for Risk Managers Is the Greater Volatility