27. Accepting Risk Flashcards
1
Q
Where can corporate risk appetite be found?
A
In publicly published documents
2
Q
Where can quantified corporate risk appetite be found?
A
Management packs
3
Q
What is meant by the term ‘Market for Risk’
A
The idea that risk can be traded for money to achieve the desired risk profile to meet appetite
4
Q
What is meant by the term ‘Risk Efficient’?
A
Where the market for risk transfer is good and results in an efficient market
