Meaning Loss event
What does Loss event mean? Here you find 3 meanings of the word Loss event. You can also add a definition of Loss event yourself

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Loss event


Any event during which a threat event results in loss. Scope Notes: From Jones, J.; "FAIR Taxonomy," Risk Management Insight, USA, 2008
Source: isaca.org

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Loss event


Point in time in an abnormal situation when an irreversible physical event occurs that has the potential for loss and harm impacts. Examples include release of a hazardous material, ignition of flamma [..]
Source: aiche.org

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Loss event


The total losses to the ceding company or to the reinsurer resulting from a single cause such as a windstorm.
Source: irmi.com




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