Remove articles uninsurable-risk
article thumbnail

Uninsurable risk definition

Accounting Tools

Related Courses Business Insurance Fundamentals Disaster Recovery Planning Enterprise Risk Management What is Uninsurable Risk? Uninsurable risk is a situation in which no insurer is willing to provide coverage. There are several situations that can give rise to such risk.

40
article thumbnail

Financial statement footnotes definition

Accounting Tools

Risks and uncertainties. Note any uninsured cash balances. Note the carrying amount of any financial instruments that are used as collateral for borrowings, and concentrations of credit risk. The nature of the relationship with a related party, and the amounts due to or from the other party. Contingencies and commitments.