Method, computer program product, and system for risk...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Insurance

Reexamination Certificate

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C705S405000, C705S038000

Reexamination Certificate

active

08010387

ABSTRACT:
The present invention comprises a method, computer program product, and system for risk management. The present invention includes calculating a statistic of loss per unit time, the statistic being a product of a site loss parameter and a loss given a loss-basis event. The site loss parameter is a site casualty parameter and/or a site economic parameter, while the loss-basis event is a casualty-basis event and/or an economic-basis event, non-limiting examples of which include an earthquake, flooding, wind, and blast pressure.

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