Risk | Risk Categories | COSO | COSO | The possibility that events will occur and affect the achievement of strategy and business objectives | R |
Risk | Risk Categories | International Actuarial Association | IAA Deriving Value from ORSA | The potential of future losses or shortfalls from expectations due to the deviation of actual from expected results. | R |
Risk | Risk Categories | United States | U.S. ASB Terms | The potential of future losses or shortfalls from expectations due to deviation of actual results from expected results. | R |