Parameters and Guidelines

This refers to the instructions that may or may not be obligatory and that establish standards… more

Probable Maximum Loss (PML)

The PML represents a level of loss for an anticipated exceedance. Depending on the capacity of a… more

Prospective Management (Intervention)

A process used to anticipate (forecast) a risk that could occur in association with new… more

Pure Risk Premium (PRP)

The PRP corresponds to the value of the ALE divided by the replacement value of the asset. It… more


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