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A well managed business understands the risks to which it may be exposed and manages them on a daily basis. Organisations finance these risks by either retaining or transferring them and insurance remains a key risk transfer tool. However, buying too much insurance may result in inefficient use of capital; buy too little insurance and an organisation may place its financial viability in jeopardy.
So what is the right balance between risk retention and risk transfer? Aon’s Actuarial & Analytical services team has the capability to provide detailed analysis to help you make an informed decision around your organisation’s optimum risk financing strategy.
Aon’s Actuarial & Analytical Services can assist your organisation in the following areas:
Name: Jessica So