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The aim of the monograph is to expand the reader's theoretical knowledge of insurance-based risk management and to generalize the findings of specific research studies. At the same time it is intended to provide concrete evidence of insurance practice. The monograph is devoted both to an exposition of the theory of risk management and to the practice of risk management in selected insurance companies. Particular attention is paid to the relationship between risk and valuation. The publication also lists examples of models in risk management relating to both companies and individuals, specifically those involving solutions to protect against the risk of fire and flood.
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