Semi-quantitative valuation of risk treatment - A model for premium distribution based on fire loss prevention

University essay from Lunds universitet/Avdelningen för Brandteknik; Lunds universitet/Riskhantering (CI); Lunds universitet/Avdelningen för Riskhantering och Samhällssäkerhet

Author: Therés Möller; [2007]

Keywords: Fire Loss Prevention; Loss Prevention; Loss Prevention Point LPP model; Multiple Attribute Deci- sion Making MADM method; Pre-risk option; Premium distribution; Post-risk option; Risk Man- agement; Risk Treatment; Simple Additive Weighting SAW method; Treat Risk; Valuation criteria; Valuation factor.; Technology and Engineering;

Abstract: The objective of this master’s thesis has been to develop a model for valuation and comparison be- tween SCA plants with reference to fire loss prevention work. The aim of this report has been ful- filled by analysing results from literature studies, interviews and questionnaires answered by per- sons experienced within fire loss prevention work and paper industry. The report resulted in a Loss Prevention Point model able to make valuation and comparison between SCA plants. The model is able to provide risk managers with information making it possible to distribute insurance premium.

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