risk spreading

The theory of risk spreading provides support for this approach.

For example, insurance will increase the ability to do risk spreading, but will reduce incentives for exercise of control.

When using financial derivative instruments, the SIF must ensure, through an appropriate diversification policy of the underlying assets a comparable level of risk spreading.

The key factor is risk spreading, and it is being confined to fewer and fewer debtors and bigger and bigger commitments.

- Risk Spreading - Assets that remain exposed after the application of reduction and avoidance are the subjects of risk spreading.

Risk spreading: Many consider it socially preferable to impose the cost of an action on a person connected to it, even if a degree removed, rather than on the person who suffered injury or loss.

The Luxembourg regulator (CSSF) issued a circular letter 07/309 on 3 August 2007 containing guidelines on the principle of risk spreading and investment restrictions for SIF vehicles:

"The principle of risk spreading is essential to equitable insurance," said Salvatore R. Curiale, the Superintendent of Insurance for New York State, which has gone further toward community rating than most states.

It is necessary to support the further implementation of guarantee instruments in connection with revolving loans - and I would emphasise this - and the exploitation of financial instruments involving risk spreading, as well as the expansion of microfinancing institutions.

Rix LJ (at 79-80) thought that the control test would be sufficient, and cited the idea that vicarious liability is a doctrine there because the employer 'benefits' (while May LJ spoke of risk spreading, at 55).

Gov. Jim Florio of New Jersey said in a speech to his state's hospital association last month that with the current underwriting practices, "what we call health insurance in this country has thus ceased to be true insurance - risk spreading - and has become something else - risk avoiding."