单词 | risk pooling |
释义 | risk pooling in Insurance (rɪsk pulɪŋ) noun (Insurance: General) risk, pool a risk Risk pooling is the practice of sharing all risks among a group of insurance companies. With risk pooling arrangements, instead of participants transferring risk to someone else, each companyreduces their own risk. Risk pooling allows an insurance carrier to provide an income stream via an immediate annuity,even with its costs and expenses, far more cheaply than a person could on his or herown. Risk pooling is the practice of sharing all risks among a group of insurance companies. |
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