Article 100 The method of calculation of a risk unit and the plan for managing the catastrophe risk of an insurance company shall be approved by the financial supervision and regulation department.

The answer to this question, he said, requires us to define the market, identify and calculate risks, assign those risks and identify and evaluate collateral.

At the enterprise level, managers need to learn how to evaluate and manage risk how to account for risk in their business plans, how to reduce cash flow volatility by forward contracting and price risk management, and how to reduce marketing risks by, among other things, better logistics.

In order to calculate the time depart collision risk, a special tool has been implemented.

So we start to use the data we have to run a very simple calculation that's on all sorts of online calculators to get a sense of what the actual risk is.

BRUSSELS A financial crisis erupts when a large volume of assets in the financial system suddenly appears to be risky and investors want to get rid of their holdings. These assets become toxic not simply risky, but carrying a risk that cannot be quantified.

The command and control process for risk management is carried out through a computer and telematic infrastructure.

Diversification can serve as a risk management strategy, but risk can also hamper diversification.

(iv) special risk reserves, it is required to make disclosure of the purpose of calculating and preparing special risk reserves, sources for preparing such reserves, standards for calculating and preparing such reserves and accounting methods, etc.

Equally problematic is the fact that, while the clearinghouse and its participants can net wins and losses to reduce risk for those inside the clearinghouse, the clearinghouse does not assuredly eliminate the basic risk facing the entire financial system. Often, it merely transfers that risk to creditors outside the clearinghouse.

The audit plan is sufficiently flexible to include ad hoc requests by management if assessed as viable and urgent in nature, and to include emerging risks as they are identified.

The Company shall also make brief analysis on the preparation and use of risk reserves (including general risk reserves and special purpose risk reserves) during the current period.

Internal audit and corporate risk management

(e) The development of standard operating procedures, which were being collated into a comprehensive fuel management manual

None is costless or risk free. Moreover, neither the costs nor the risks are possible to calculate with precision.

The Safe Motherhood Programme.

OIOS will work with the firm in creating such a risk profile, including the identification and assessment of strategic, operational and technological risks and the Fund's risk management framework and strategies to mitigate risks.

Based on a scientific analysis of poverty risks and the government's scope for influencing these risks, the NAP 2003 focuses on specific risk groups.

(21) As regards general risk reserves, it is required to the purpose of the establishment of risk reserves, sources of preparing such reserves, standards for calculating and preparing such reserves and accounting methods, etc.

The Commission had also decided by consensus to adjust the way hazard pay for staff in the General Services and similar categories was calculated.

There are some areas of activity, however, which appear more risky than others and which require constant attention (a) medicine and health, (b) computing and (c) nuclear energy.

Audit strategies are being developed to mitigate the most significant risks to the use of such technology, which continue to be unauthorized access to sensitive materials, including external and internal hacking into personal computers physical damage to computer equipment inadequate project planning and shortcomings in systems auditability.

Lastly, the amount of hazard pay for locally recruited staff, calculated as 20 per cent of the midpoint salary on the local scale, was comparatively higher than that payable to international civil servants.

Risk assessments are also utilized in the design of unmanned spacecraft.

And he knew that it gives us a sense of trust, and it allows us then to take the kind of creative risks that we need to take as designers.

But banks can use internal mathematical models to calculate their own risk weights. This is akin to marking one s own exam paper unsurprisingly, banks risk scores are usually on the safe side.

These audits are risk oriented and are designed to ensure the collection of any tax due.

But risks many of them systemic, and many of them big remain. Unfortunately, the clearinghouse structure obscures them.

We did not wish to risk a serious financial crisis for the Organization, which would have resulted from the failure to adopt a budget.

We can calculate the winter wind exposure so, which way the winter winds blow across the landscape.

The utilisation of the subterranean depth of the owned land or the land at person's disposal for private purposes is free of charge.

Risk?

170. The basis of calculation of the old age pension is income of an insured person on which contributions were paid.

As part of its risk based approach to planning its audit coverage of the Pension Fund, OIOS has contracted a major international accounting firm to conduct an enterprise wide risk assessment to identify and categorize risks in order to focus internal audit activities for 2006 and 2007.

At the same time, however, commercial banks insist on minimizing their exposure to completion, commercial, political or other project risks.

(3) identifying and evaluating the compliance risks of the company for at least once every year as well as verifying the compliance risk management plan of the next year

Third party liability insurance based on annualized cost.

In order to reduce disaster risks, countries and communities must first identify risk factors, decide what level of risk is acceptable, and then take steps to reduce risks or transfer them away from affected areas.

It's not because we're going to build a bajillion windmills.

During the reporting period, UNHCR's Audit Service had embarked on a risk management pilot project in collaboration with PricewaterhouseCoopers which aimed to develop a culture of risk awareness and active risk management within the Office.

The 1996 amendment standardized protection against market risk (arising from possible changes in the prices of financial instruments in which a bank has an exposure) and in doing so allowed banks to use internal risk models to figure the required capital backing it also put regulators in the position of assessing risk management models.

In recent years, much attention has been paid to the role of the board in risk assessment or management and internal controls designed to mitigate risk.

41. In measuring an environmental liability based on the present value approach, the discount rate used to measure present value would be a risk free rate, such as that used for a government security that has a similar term.

Risks

Provision is made for liability and war risk insurance based on an annual rate of 5,500.