Difference between Perils and Risk

PERILS vs RISK: NOUN

A venture undertaken without regard to possible loss or injury
The probability of being exposed to an infectious agent
The probability of becoming infected given that exposure to an infectious agent has occurred
A source of danger; a possibility of incurring loss or misfortune
The possibility of suffering harm or loss; danger.
A factor, thing, element, or course involving uncertain danger; a hazard.
The danger or probability of loss to an insurer.
The amount that an insurance company stands to lose.
The variability of returns from an investment.
The chance of nonpayment of a debt.
One considered with respect to the possibility of loss.
Hazard; danger; peril; exposure to mischance or harm; venture: as, at the risk of one's life; at the risk of contagion. Common in the phrase to run a (the) risk, to incur hazard; take the chance of failure or disaster.
The potential (conventionally negative) impact of an event, determined by combining the likelihood of the event occurring with the impact should it occur.
The likelihood of a negative outcome.
A possible, usually negative, outcome, e.g., a danger.
To incur hazard; to encounter danger.
Hazard of loss; liabillity to loss in property.
Hazard; danger; peril; exposure to loss, injury, or destruction.
Same as reesk and risp.
Hence, by extension, insurance obligation: as, our company has no risks in that city.
The degree of hazard or danger upon which the premiums of insurance are calculated.
In com.: The hazard of loss of ship, goods, or other property.

Pitfalls, Dangers, Queer, Scupper, Expose, Riskiness, Menace, Jeopardize, Imperil, Threaten, Hazard, Endanger, Risk, Jeopardy, Danger

Risky, Likelihood, Probability, Take chances, Put on the line, Take a chance, Run a risk, Lay on the line, Adventure, Chance, Gamble, Jeopardy, Peril, Hazard, Danger

Hazards, Pitfalls, Dangers, Queer, Scupper, Expose, Menace, Jeopardize, Imperil, Threaten, Hazard, Endanger, Risk, Jeopardy, Danger

Susceptible, Hazards, Harm, Incidence, Threat, Risky, Likelihood, Probability, Adventure, Chance, Gamble, Jeopardy, Peril, Hazard, Danger

Common named perils are fire, theft and vandalism.
Perils include things like fires, floods and theft.
Named perils or hazards, policies name the specific perils or hazards the policy insures against.
Idem From the loading thereof Safely landed Touch and stay Perils of the seas Pirates Thieves Restraint of princes Barralry All other perils Chap.
Other Perils, Fire, Wind and Hail, Theft, Water, Lightning, Liability, Hurricane, Severe Thunderstorm, Winter Storm, and Fire Following Earthquake perils.
Marine Perils means the perils consequent on or incidental to the navigation of the sea.
Separate insurances must be taken out against perils related to war and against general marine perils.
Which are the perils covered under the standard Fire and Special Perils Policy?
How is named perils insurance different from open perils coverage?
Because open perils policies cover more causes of loss than named perils policies, the premiums are higher for open perils coverage.

Our convexity risk primarily results from prepayment risk.
Targeted risk management advice to reduce workplace risk.
Low risk is not the same as no risk!
The Corporate Risk Register identifies the risk of fraud, together with the mitigating actions in place to minimise the risk of fraud occurring.
Risk Indices Barra combines fundamental and market data to create risk indices that measure risk associated with common features of an asset.
The overall ERM framework includes a risk inventory, risk appetite, risk limits, as well as monitoring and reporting requirements.
Together with specific risk, market membership, industries, and risk indices provide a comprehensive partition of risk.
Event risk, which is synonymous with pure risk, hazard risk, or insurance risk, presents no chance of gain, only of loss.
Rate Risk, Credit Risk, Liquidity or Marketability Risk, Reinvestment Risk etc.
Board level down tooperational levels, covering all aspects of risk, most notably interest rate risk, credit risk, liquidity risk, currency risk andoperational risk.