Presentation 1999/10/26
New movement of the risk management and it's terminology : Why did BP prefer self-insurance and stop buying commercial insurance ?
Shohei Hon'iden, Kazuhiro Goto,
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Abstract(in Japanese) (See Japanese page)
Abstract(in English) In recent RISK-MANAGEMENT field, there are two noticeable movement in it's practice and it's theoretical field. The former is the practices which BP prefered self insurance. Their practices are entirely converse to normal RM Theory using self insurance for their upper layer and for lower layer, non life insurance. The latter is ISO's trial to fix teminology of risk management. These works progressed and will be fix comming year end. In Japan it will be absorbed in JIS srtandards.
Keyword(in Japanese) (See Japanese page)
Keyword(in English) BP / Risk-management / corporate finance / firm value / RM terminology
Paper # SSS99-21
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Conference Information
Committee SSS
Conference Date 1999/10/26(1days)
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Registration To Safety (SSS)
Language JPN
Title (in Japanese) (See Japanese page)
Sub Title (in Japanese) (See Japanese page)
Title (in English) New movement of the risk management and it's terminology : Why did BP prefer self-insurance and stop buying commercial insurance ?
Sub Title (in English)
Keyword(1) BP
Keyword(2) Risk-management
Keyword(3) corporate finance
Keyword(4) firm value
Keyword(5) RM terminology
1st Author's Name Shohei Hon'iden
1st Author's Affiliation Nissei General Ins. Co. Ltd.()
2nd Author's Name Kazuhiro Goto
2nd Author's Affiliation Corp. Mitsui Marine Research Institute:Lecturer Faculty of Chuoh Univ.:Fukushima Univ.
Date 1999/10/26
Paper # SSS99-21
Volume (vol) vol.99
Number (no) 391
Page pp.pp.-
#Pages 6
Date of Issue