What does Value of Risk mean? Read on to discover the definition & meaning of the term Value of Risk - to help you better understand the language used in insurance policies.
Value of Risk
The contribution to shareholder value or other stakeholder interests resulting from a risk-taking activity. Like the "captive value added" concept, VOR looks at components of the cost of risk as an investment required to further organizational objectives.
We hope the you have a better understanding of the meaning of Value of Risk.