The loss development potential of a hazard. Risk surveyors are concerned not only with the likelihood of a loss (the inception hazard) but whether the development of a loss will be minimal or severe. Risk mapping correlates probability and severity.
The Rantings of the barely human.
The loss development potential of a hazard. Risk surveyors are concerned not only with the likelihood of a loss (the inception hazard) but whether the development of a loss will be minimal or severe. Risk mapping correlates probability and severity.