The possibility of profit or loss

Only the possibility of a loss or no loss

Only the possibility of profit

Neither the possibility of profit, nor the possibility of loss

Natural damage insurance subsidized by the state

Social security

Insurance for bodily injury

Unemployment insurance

The theft of a person's jewelry

The destruction of a company's factory by an earthquake

Damage to a person's car as a result of vandalism

The additional expenses incurred by a person to rent a car when their own car has been damaged in a collision

Speculative risk

Pure risk

Physical hazard

Fundamental risk

Moral hazard

Objective probability

Physical hazard

Morale hazard

Moral hazard

Speculative risk

Physical hazard

Peril

They are almost always insurable by private insurers.

They are easier to predict than pure risks.

Their realization can benefit the person exposed to this risk.

They only include the possibility of loss.

Morale hazard

Objective probability

Physical hazard

(A) and (B)

Neither (A), nor (B)

(B) only

(A) only

Moral hazard

Objective risk

Physical hazard

Peril