Own Liability

for Risks

Own Liability for Risks

Remember the first Rule "Donít risk more than you can afford to lose" and the third Rule "Consider the odds" of Risk Management from Mehr and Hedges!

Itís necessary for each company to know the inventory of the own liability of risks. Furthermore, the company can change the own corporate risk situation where a previously transferred risk now is carried by the entity itself. This makes sense if the insurance is too expensive.

So the challenge for a Risk Manager is to calculate the expectancy value T{R(x)i(mean)} and some Value-at-Risks P{R(x)i(VaR)}.

 

Our Enterprise Risk Manager Software supports you by calculation of the expectancy value T{R(x)i(mean)} and some Value-at-Risks P{R(x)i(VaR)} for each product, each product line and each corporate division.

Risk Optimization