The uncertainties of direct and indirect losses due to fire, wind, accident, theft, etc., are called ____________ risks.

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The uncertainties of direct and indirect losses related to property such as fire, wind, accident, theft, etc. are called property risks. Personal risks are related to an individual's health, life, and income, whereas business risks are linked to the operations of a company. Liability risks are associated with legal obligations and speculative risks refer to risks taken voluntarily in the hope of making a profit. None of these categories encompass the uncertainties of losses related to property.

The Uncertainties of Direct and Indirect Losses Due to Fire