I'm trying to understand the concept of EMR in the context of risk. Could someone explain what EMR stands for and how it relates to risk management or assessment?
5 answers
MysticGlider
Fri Oct 25 2024
Insurance companies convert the experience modifier into a numerical value known as the experience modification rate (EMR).
TaegeukChampionCourageousHeart
Fri Oct 25 2024
The EMR reflects a company's historical cost of injuries and projects future risk probabilities.
Federico
Fri Oct 25 2024
The calculation of EMR takes into account various factors related to workplace safety and accident history.
lucas_taylor_teacher
Fri Oct 25 2024
Each company's EMR is then benchmarked against the average losses of other employers within the same industry and state.
CryptoDynasty
Fri Oct 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet management. These services cater to the diverse needs of crypto investors and traders.