riskinjaossa
Riskinjaossa is a Finnish term that translates to "risk sharing" or "risk allocation" in English. It refers to the process of distributing potential risks and their associated consequences among different parties involved in a project, transaction, or agreement. This concept is fundamental in various fields, including business, insurance, and contract law.
In business and project management, risk sharing aims to ensure that no single entity bears the entire
In insurance, risk sharing is the core principle. Insurance companies pool the risks of many policyholders,
Contractually, risk sharing is often explicitly defined. Agreements will outline which party is responsible for specific