risk management 同insurance management 既分別係咩????

Risk Management: is the human activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources.
The strategies include transferring the risk to another party, avoiding the risk, reducing the negative effect of the risk, and accepting some or all of the consequences of a particular risk.
Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death and lawsuits). Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments.
Objective of risk management is to reduce different risks related to a preselected domain to the level accepted by society. It may refer to numerous types of threats caused by environment, technology, humans, organizations and politics. On the other hand it involves all means available for humans, or in particular, for a risk management entity (person, staff, organization).





风险管理又名危机管理，是一个管理過程，包括對风险的定義、測量、评估和發展因應風險的策略。 目的是將可避免的風險、成本及損失極小化。 理想的风险管理，事先已排定优先次序，可以優先處理引發最大损失及發生機率最高的事件，其次在處理風險相對較低的事件。

在實際狀況，因為風險與發生機率通常不一致，所以難以決定處理順序。所以必須衡量兩者比重，做出最合适的决定。
因為牽涉到机会成本(opportunity cost)，风险管理同時也要面对如何運用有效资源的难题。把资源用于风险管理，可能減少運用在其他有回收活動的资源；理想的风险管理，正是希望以最少的资源化解最大的危机。
1990年代“风险管理”曾是西方企業行政人員前往中国进行投资時的必修科目。当年不少MBA课程都特別增設“风险管理”的課程。





Insurance Management: Insurance, in law and economics, is a form of risk management primarily used to hedge against the risk of a contingent loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium. Insurer, in economics, is the company that sells the insurance. Insurance rate is a factor used to determine the amount, called the premium, to be charged for a certain amount of insurance coverage. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice.
保险，在法律和经济学意义上，是一种风险管理方式，主要用于经济损失的风险。保险被定义为通过缴纳一定的费用，将一个实体潜在损失的风险向一个实体集合的平均转嫁。









Industry

Insurance Services



Products


Professional Indemnity Insurance
Aviation Insurance
Marine Insurance
Employers and Public Liability Insurance
Property Insurance
Contractors All Risks
Commercial Motor Fleet

did not POINT OUT the difference at all.

only give you the Wikipedia definitions