Risk Management and Financial Performance of Banks and Insurance Firms
Isiaka Olalekan Lasisi
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Risk Management and Financial Performance of Banks and Insurance Firms

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Life is all about risk. Every business must take a risk to achieve its objective of profit maximization. Risk management is the identification, evaluation, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities taken by organization.