multiple choice\nwhich of the following types of risk is insurable?\na. operational\nb. speculative\nc…

Brief Explanations:

Pure risk involves only the possibility of loss or no - loss. Insurance companies are willing to cover pure risks because they can be statistically predicted. Operational risk is often complex and may not be easily insurable. Speculative risk has the possibility of gain or loss and is generally not insurable. Physical risk is a broad term and not all physical risks are insurable in the way pure risk is.

Answer:

C. Pure