Difference between Static Risks and Dynamic Risks
Static Risks and Dynamic Risks Distinction
Static and dynamic risks have several important differences –
(a) Most static risks are pure risks, but dynamic risks are always speculative risks where both profit and loss are possible.
(b) Static risks would still be present in an unchanging economy, but dynamic risks are always associated with a changing economy.
(c) Dynamic risks usually affect more individuals and have a wider impact on society than do static risks.
(d) Dynamic risks may be beneficial to society but static risks are always harmful.
Static Risks and Dynamic Risks Distinction
Static and dynamic risks have several important differences –
[Post Image Courtesy of Everydayplus at FreeDigitalPhotos.net]
(a) Most static risks are pure risks, but dynamic risks are always speculative risks where both profit and loss are possible.
(b) Static risks would still be present in an unchanging economy, but dynamic risks are always associated with a changing economy.
(c) Dynamic risks usually affect more individuals and have a wider impact on society than do static risks.
(d) Dynamic risks may be beneficial to society but static risks are always harmful.
Insurance Law And Practice - ICSI
Difference between Static Risks and Dynamic Risks
![Difference between Static Risks and Dynamic Risks]()
Reviewed by Blog Editor
on
Tuesday, April 11, 2017
Rating:
Posts
No comments:
Do you have any reasonable comments for this post ? Please feel free to drop them below using the comment box. We will moderate and publish them as soon as possible. Cheers !