Risky Thinking
– On Risk Assessment, Risk Management, and Business Continuity
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Risky Thinking
– On Risk Assessment, Risk Management, and Business Continuity
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| Home / Risk Glossary / Annualized Rate of Occurrence | 19 March, 2010 | |
Annualized Rate of Occurrence (Definition)The probability that a risk will occur in a particular year. For example, if insurance data suggests that a serious fire is likely to occur once in 25 years, then the annualized rate of ocurrence is 1/25 = 0.04. See Also: Annualized Loss Expectancy. Risky Thinking Newsletter Are you responsible for Business Continuity, Disaster Recovery, or Risk Management in your organization? Then you may wish to receive a free subscription to the the monthly Risky Thinking Newsletter. It contains news, opinions and articles of interest to people working in these areas. View a sample issue, or click here to subscribe. Recent articles have included: A fast-food restaurant is not a good place for a discussion on risks. Common industry practices can amplify otherwise miniscule risks, and the restaurant owner may well be the victim of the risk management practices of his suppliers.
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