The Identification of Potential Risks Occurring within the Economic Cycles of Municipality's Economic Life and the Challenges of Municipal Insurance
| Authors | |
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| Year of publication | 2004 |
| Type | Article in Proceedings |
| Conference | European Integration: Local And Global Consequences |
| MU Faculty or unit | |
| Citation | |
| Keywords | cities, commercial insurance company, coverage of risks, insurance product, insurer, liability insurance, municipality, property insurance, risk profile, towns and villages |
| Description | A municipality is composed of several sectors of which some are key factor of success. There is allocated the most of available energy and the focus: the economy, finance, and property sectors. The paper itself focuses, as the municipalities do, to the identification of potential risks occurring within the economic cycles of municipality's economic life, and solving them through the formulation of suggestions for a financial coverage through reasonable insurance solutions. These are putted together using the following methods: identification of the risk, appropriate financial coverage of risk through insurance, and insurance products for municipal clients especially offered by insurers on the Czech market of insurance. |