Risk Surveys

Identical activities do not always mean the same level of risk. To determine the insurance premium, it is important to be aware of the risk potential. It is not only that savings are possible for insurance policies and companies, but risk surveys are an indispensable management tool for the management of a company. Basically, you differentiate between

PML (Probable Maximum Loss) estimate
EML (Estimated Maximum Loss) estimate

Risks for potential loss or damage depend on several factors such as value concentrations, area distribution, fire loads etc.