Method, computer program product, and system for risk management
US8010387B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 4, 2004 |
| Grant date | Aug 30, 2011 |
| Priority date | — |
| Expiry date | Jan 9, 2029 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY02A10/40
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention comprises a method, computer program product, and system for risk management. The present invention includes calculating a statistic of loss per unit time, the statistic being a product of a site loss parameter and a loss given a loss-basis event. The site loss parameter is a site casualty parameter and/or a site economic parameter, while the loss-basis event is a casualty-basis event and/or an economic-basis event, non-limiting examples of which include an earthquake, flooding, wind, and blast pressure.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.