The principal distinction is that while some risks are amenable to insurance e.g., state and pure risks – others are not. Commercial Risks are normally associated with speculative or dynamic risks and are usually regarded as being uninsurable.
The Rantings of the barely human.
The principal distinction is that while some risks are amenable to insurance e.g., state and pure risks – others are not. Commercial Risks are normally associated with speculative or dynamic risks and are usually regarded as being uninsurable.