uninsurable risk

For the private sector, this is a set of uninsurable risks.

"But they cannot take on an uninsurable risk."

Other uninsurable risks include war and nuclear accidents.

Insurers seek to limit uninsurable risks and in fact, only 2% of risks are refused.

The programme would cover previously uninsurable risks, and include catastrophe coverage over the directors' and officers' liability policy.

The public purse must be restricted to partial coverage for uninsurable risks such as natural disasters or massive livestock epidemics.

This article discusses the growing demand for finite risk insurance as companies note the lack on the part of insurance markets to cover uninsurable risks.

The hillside and water features of Iford preclude evening admission of children less than 10 years as an uninsurable risk in this regrettably litigious age.

Uninsurable Risks: It is usually possible to find an insurance company or Lloyd's Underwriter prepared to cover even the most unusual risk, at a price.

"It is a false subsidy by the public for the biotech industry, and as such is allowing uninsurable risks to be taken with GMO's.

The RDC would probably need to cover the uninsurable risks including exposures for the BOOT operator arising from (central) government actions.

But the German Farmers' Association said upholding the principle of liability for any co-mingling presented "incalculable and uninsurable risks" for the sector and as a result, advised against planting GM crops.

As mutual insurance societies are generally formed out of necessity, often today within vulnerable sectors to make uninsurable risks insurable, the thresholds for setting up a mutual insurance society must consequently not be too high.

Competition should reward health plans for quality and cost savings, not for how many bad risks they can exclude - especially as we enter the genomic age, when all of us could have uninsurable risks written into our genes.

Most policies narrow actual coverage by exclusions, which exist to eliminate a risk which is covered in another policy (such as employee benefits) or to deny coverage for an uninsurable risk such as illegal conduct.

This differential tax treatment increases capital accumulation because entrepreneurs must save in response to liquidity constraints and uninsurable risk. A calibrated version of the model is used to quantify the consequences of eliminating the corporate income tax.

Public intervention in agricultural insurance systems would lead to cherry-picking by the private sector, and the European Union could be left covering the highest or uninsurable risks, which would be very expensive and lead to considerable budgetary problems.

Some of these uninsurable risks can be managed to some extent - say through enterprise selection or through production and market risk programs in which producers and governments cost-share some of the production and/or market risks.

Some recognised organisations expressed the view that the demand of unlimited liability in cases of negligence by some EU Member States and the associated uninsurable risks has acted as a protectionist measure to distort the market and prevent them from working in such countries.

Validity of the Complaint Complainant’s Position In its complaint and its comments on the GIR, the complainant submits that it should not be a mandatory condition for participation that suppliers [6] agree to "unreasonable exposure to unlimited liability for uninsurable risks."

In some Member States, mutual insurers are especially useful in health care (health insurance and insurance for liability of medical institutions and their personnel) and in the agricultural sector (harvest damage insurance, insurance against animal diseases, etc.). Uninsurable risks are made and kept insurable.