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Risk is the one of basic and inevitable characteristics of every human activity. In connection with business activities, it is the factor that is not possible to entirely eliminate. The fact that it is possible only to minimize a risk, respectively to minimize its negative consequences at certain conditions fulfilment is one o the risk specifications.
The problem of risk classification is seriously wide. In scientific literature, various categorisations of risk are described and discussed while the categorisation is usually based on the purpose of presented classification.
Risk categorisation represents the file of a risk into the one of existing categories constructed on the basis of parameters of classified risks. In the work, the authors summarize the theoretical backgrounds of risk categorisation, and it is especially in consequences of risk connected with business activities.
The objective of the article is to provide the synthesis of theoretical categorisations of risk that would be contributing to the discipline of risk management as to the scientific discipline.

In the year 2001, the European Comission started to revise the legislation Solvency I and to implement a new approach called Solvency II. The regulation called Solvency II is based on regulation considering management of risks of commercial insurance companies. Changes on financial markets and the contemporary financial crisis made financial authorities to formulate principles of regulation based on risk management. Commercial insurance companies across Europe will face a considerable amount of work to be ready for requirements related with Solvency II implementation in the year 2012.
Rating agencies, regulators and investors today are demanding that insurers provide detailed assessments of their risk tolerance and quantify the adequacy of their economic capital. To complete such assessments requires a credible baseline for underwriting volatility. Modern portfolio theory for assets teaches that increasing the number of stocks in a portfolio will diversify and reduce the portfolio risk, but will not eliminate risk completely, the systemic market risk remains. In the same way, insurers can reduce underwriting volatility by increasing account volume, but they cannot reduce their volatility to zero. A certain level of systemic insurance risk will always remain, due to factors such as for example the underwriting cycle, macroeconomic factors, legal changes and weather.
This presented scientific paper focuses on an analysis of specific goals of the regulation Solvency II and the structure of second pillar of the three-pillar construction (similarity with Basel II banking regulation) of Solvency II. The paper was written as part of research project MSM 6215648904, carried out by the Faculty of Business and Economics, under the title "The Czech Republic in the processes of integration and globalization, and the development of the agriculture and service sector in the new conditions of the integrated European market", following the goals and methodology of the research project.

Proactive approach to risk management of agriculture companies is the way to ensure the efficiency of agricultural production even affected by natural disasters, to ensure the continuity of agricultural business and ultimately affect the level of development of rural regions. The instrument that solves the problem of reduction and elimination of risks associated with agricultural production is a systemic approach to the insurance of agricultural production, both crop insurance and livestock insurance, linked to a support program for SME in agriculture.
This presented paper aims to identify and discuss the possibility of eliminating risks possibly threatening the agricultural production and to analyze forms of covering risks associated with agricultural production on the commercial insurance market in the Czech Republic. The paper analyzes the current situation and current development of the agricultural insurance on the insurance market in the Czech Republic.
This paper was written as a part of the research project MSM 6215648904, carried out by the Faculty of Business and Economics, under the title "The Czech economics in the processes of integration and globalization, and the development of the agriculture and service sector in the new conditions of the integrated European market", following the goals and methodology of the research project.

This article defines the theoretical specification of risk management and crisis management. The main goal of this article is to define the basic features and understand the reciprocal relations between risk management and crisis management and their function in the business environment.
Risk management is a process of risk regulation. It helps to protect an enterprise from the impact of existing and future risks. Part of this process is the decision process which derives from risk's analysis.
Crisis management can be defined as a permanent process of monitoring single factors of efficiency with the goal to identifying and applying proactive steps leading to the prevention of crisis creation and its negative effects. Another definition evaluates crisis management as a process of crisis identification and the enterprise's subsequent stabilization.
The specification of areciprocal relationship between risk management and crisis management arises from the definition of risk as a source of danger causing current or future crisis in the enterprise.

Risk management should ensure a company to be able to react to possible future situations in a good advance and through variant solutions. This should minimize both, a risk and possible negative risk consequences especially on trade and on a single existence of a company. Solution of negative consequences of risks is the one of important goals and of investigation of companies' management as well as of companies' owners. Submitted article presents the procedure of entities' risks selection for the purpose of their negative consequences covering by the means of insurance. This procedure has been elaborated by the author based on secondary research as well as on primary research. Author's primary research has been focused especially on observation and analysis of several tens of entities. The procedure presented in this article has been also fruitfully implemented in observed entities. The content of this article would become an asset of risk management as of the branch of science; it would be a benefit for insurance as for connected branch, and also for the sphere of management economics.

Agricultural insurance is a sophisticated device for elimination of some risks in the agricultural production. In spite of its important role, its level is still unsatisfactory. The analyses carried out so far, demonstrated an astonishing drop in the volume of insurance premiums prescribed for the agricultural insurance commodity during 1991-1995. The second half of the Nineties brought a stagnation in its levels and the situation has not been changed so far. Since 2000 the State keeps supporting directly or indirectly the agricultural insurance by means of subsidies. Currently the support materializes through the PGRLF. In spite of this, the current levels of insuredness in such a specific and strategic area as the agriculture represents are low, and the agricultural insurance is not a convincing factor of risk management in the agricultural production, still. A model has been designed for the solution of agricultural insurance in CR, based on the analysis carried out, on professional consultations and international experience. The model assumes setting up a Fund for uninsurable risks, into the coffers of which the producers, their unions, commercial insurers as well as the State would contribute. The model would be able to manage calamity situations commercially uninsurable.