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Frequency and Severity9008007006005004003002001000160140120100806040201 2 3 4 5 6 00 200 700 2,000 5,000 10,000Social and Private Insurance22/J.F. Outreville
Accidents : Poisson distributionPoisson probability distributionNb of car accidentsProbability0 0.006741 0.03372 0.084253 0.140424 0.175525 0.175526 0.146277 0.104488 0.06539 0.0362810 0.0181411 0.0082412 0.005140.20.180.160.140.120.10.080.060.040.0201 2 3 4 5 6 7 8 9 10 11 12 13Social and Private Insurance23/J.F. Outreville
Page 1 and 2: Risk definition, risk behavior,risk
Page 3 and 4: References• ArticleG.A. Holton, D
Page 5 and 6: Risk and uncertainty...concepts•
Page 7 and 8: Risk and uncertainty…policies•
Page 9 and 10: Risk behavior• Risk-taking- to en
Page 11 and 12: Utility theory and risk aversion•
Page 13 and 14: RISK MANAGEMENT:An organizational s
Page 15 and 16: Identification of Risks• The indi
Page 17 and 18: Classification of business risks•
Page 19 and 20: Why should a company beconcerned by
Page 21: Frequency and SeverityFrequency dis
Page 25 and 26: Distribution: extreme valuesLength
Page 27 and 28: Maximum probable loss• In Finance
Page 29 and 30: Risk Control• Avoidance• Loss p
Page 31 and 32: Examples of risk control measuresPH
Page 33 and 34: • IdentificationRisk managementan

of firms and governments

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