Economic risks of industrial enterprises and their definition

The article shows the stages of the risk theory development in chronological order, considers the classification of risks from the position of different authors and reflects the variety of risk types. In this article qualitative and quantitative characteristics of risks are given. In the process of the risk theory development, not only its content as an economic category (starting with representatives of classical and neoclassical schools of economics and ending with the views of modern economists on this problem) is unfolded and clarified, but also the methods of its assessment are specified. The probability models, which take into account the possibility of occurrence of an adverse event, are the most frequently used ones in calculations. Such events are considered on the example of metallurgical production and corresponding companies, functioning on the market of steel and finished rolled metal. The results of calculations of economic risk coefficients on the example of metallurgical companies, companies in the chemical and petroleum industries (2010-2019) are presented. In order to reduce the degree of risk in the activities of companies, insurance is considered. The possible value of the insurance sum based on the size of the expected loss, the values of the risk coefficient and the projected net profit in the insurance of damage from interruption in production is substantiated.