The Geneva Papers on Risk and Insurance Issues and Practice

Bartelds, J L M

doi: 10.1057/gpp.1995.18pmid: N/A

Braun, Richard

doi: 10.1057/gpp.1995.19pmid: N/A

Cantley, Mark F

doi: 10.1057/gpp.1995.20pmid: N/A

Chiche, Yves

doi: 10.1057/gpp.1995.21pmid: N/A

Reid, John W

doi: 10.1057/gpp.1995.22pmid: N/A

Abstract A recent survey in UK has highlighted the large discrepancy between the insured and uninsured costs of losses, demonstrating that the true cost of risk is much higher than previous estimates. Risk is never totally transferred by insurance, and if insureds recognise that they retain a partial ownership of the risk there is a greater likelihood that there will be better loss control. The paper promotes the concept of “risk partnership” as a more correct representation of the contract between insurer and insured than the more generally used term of “risk transfer”.

Selleri, Luigi

doi: 10.1057/gpp.1995.23pmid: N/A

Cole, S T;Wicks, P J

doi: 10.1057/gpp.1995.24pmid: N/A

Puri, Anup

doi: 10.1057/gpp.1995.25pmid: N/A

Abstract Many organisations use validation procedures to a certain degree as a means of controlling accuracy and standards in their products and operations to meet Product Liability laws. The paper presents a role model for a validation system designed to fulfil such requirements. Validation aspects of the following topics are covered; management of analysis operation; acquisition, development and verification of software; qualification and documentation of analysis methods; education and training of personnel.

Suominen, Arto

doi: 10.1057/gpp.1995.26pmid: N/A

Tagliavini, Paola

doi: 10.1057/gpp.1995.27pmid: N/A