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Volume 12, Issue 5
1 December 2004
Balance Sheet Cover Image for Volume 12, Issue 5
Review Article| December 01 2004

The nature of risk: The nature of systemic risk – trying to achieve a definition

Chris Mundy
Managing Director of Marsh Limited’s UK Marketing Group (chris.mundy@marsh.com).
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Author & Article Information
Publisher: Emerald Publishing
Online ISSN: 1758-4086
Print ISSN: 0965-7967
© Emerald Group Publishing Limited
2004
Balance Sheet (2004) 12 (5): 29–31.
https://doi.org/10.1108/09657960410563559

Systemic risk is an elusive concept. The author suggests that the search for a proper definition can be fruitless but an understanding of its nature is essential.

Keywords: Risk management, Insurance
© Emerald Group Publishing Limited
2004
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