Risk Tips Issue 9: Credit Risk #1

  • Dec 08, 2016

What Is Credit  Risk

A credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments. When lenders offer borrowers mortgages, credit cards or other types of loans, there is always an element of risk that the borrower may not repay the loan. Similarly, if a company offers credit to its client, there is a risk that its clients may not pay their invoices. Credit risk also describes the risk that a bond issuer may fail to make payment when requested or that an insurance company won't be able to make a claim. Read More

Quick Pick

Risk of Fuel Tanker Fire

Mitigation Strategies

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