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Emergent Risk (Definition)

The term Emergent Risk is used to describe risks that are poorly understood, but are expected to grow greatly in siginificance.

Unlike other risks, emergent risks do not have a track record which can be used to estimate likely probabilities and expected losses.

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It hasn't been a good summer for the food industry in North America, with major outbreaks of Salmonellosis and Listeriosis. What can we learn from these even if we aren't in the food industry? Read more...

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