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1. What is risk management? Please write down steps in risk management in general (5...

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1. What is risk management? Please write down steps in risk management in general (5 points) 2. Please make up a list for all risk management tools of insurance companies for distinguishing as the pre-loss objectives and post-loss objectives?(20 points) Pre-loss Objectives Post-loss Objectives Insurable risk Risk Management Tools for Insurance Companies (Principles and Applications of Insurance

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