THE BASIC PRINCIPLES OF 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

normally, a lower TCOR indicators effective risk management, which may lead to far more favorable top quality prices, while a greater TCOR could cause better rates as a consequence of bigger perceived risk. it is vital for organizations to target efficient risk management that will help lower TCOR and perhaps reduced their insurance policies costs.