Estimating maximum annual
loss and the operational risk profile – Incidents such as ship foundering, loss of life, spillage of cargo,
clean-up costs, and business interruption will negatively impact the financial
performance of a
port.
We have carried out financial risk analysis for ports in Europe which resulted
in the implementation of risk-reducing measures related to operational and
management activities. We can develop the risk management strategy and risk
acceptance criteria for existing and future operations. Risk criteria in the
form of loss exceedance curve specifying the frequency of the corresponding
financial loss (F-L curve) is shown in a graph.
Business
risk analysis - in the business environment today, the resources that
management may use to carefully monitor and control their companies' total
liability or financial exposure to risk is limited. The traditional
approach has been to address each potential liability separately. A
comprehensive approach addressing the range of potential liabilities has been
applied by Risk Support. Total risk profile included property damage,
environmental risk, personnel and public liability. A breakdown of total
risk per different activities is presented on the right.