5 Easy Facts About cost of risk, total cost of risk, cor, tcor, cost of risk management, total risk cost, cost of risk analysis, cost of risk assessment, total cost of risk evaluation, risk cost calculation, tcor analysis, cor analysis, total cost of risk
normally, a reduce TCOR signals efficient risk management, which can lead to more favorable high quality rates, while the next TCOR may perhaps cause better rates as a consequence of bigger perceived risk. It's important for enterprises to focus on successful risk management to help decrease TCOR and perhaps reduced their insurance coverage costs.