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Unformatted text preview: a. Risk analysis questionnaires b. Physical inspection c. Flow charts d. Financial statements e. Historical loss data f. Failure to comply with government laws and regulations B.Evaluating Potential Losses 1. Two concepts: a. Loss frequency b. Loss severity 2. Guidelines for measuring severity a. Maximum possible loss b. Maximum probable loss C.Selecting the Appropriate Technique 1. Risk control a. Avoidance b. Loss control 2. Risk financing a. Retention b. Noninsurance transfers c. Commercial insurance D.Implementing the Program 1. Policy statement 2. Cooperation with other departments 3. Periodic review E.Personal Risk Management...
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This note was uploaded on 07/31/2008 for the course RM 357E taught by Professor Arnold during the Summer '08 term at University of Texas.
- Summer '08