The risk manager is concerned primarily with the management of
A)physical loss of property
B)pure risks
C)only pure risks that cannot be insured
D)interest rate risk

Question

Quizplus · Accepted Answer

The risk manager is primarily concerned with the management of pure risks, which are risks that involve only the possibility of loss or no loss. These risks cannot be insured as they do not involve any potential for gain. The management of physical loss of property and interest rate risk may be within the scope of a risk manager's responsibilities, but they are not the primary focus.

The Risk Manager Is Concerned Primarily with the Management of