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- Probable_maximum_loss abstract "Probable Maximum Loss (PML) is a term used in the insurance industry as well as Commercial Real Estate. Although the definition is not consistent in the insurance industry, it is generally defined as the value of the largest loss that could result from a disaster, assuming the normal functioning of passive protective features (i.e. firewalls, nonflammable materials, etc.) and proper functioning of most (perhaps not all) active suppression systems (i.e. sprinklers). This loss estimate is always less than (or in rare cases, equal to) the Maximum Foreseeable Loss, which assumes the failure of all active protective features. Underwriting decisions can be influenced by PML evaluations, and the amount of reinsurance ceded on a risk can be predicated on the PML valuation.PML estimation is also used to determine the extent of losses in Chemical & Petrochemical Industries. Insurers and Reinsurers across the world use PML to estimate loss during events such as Vapour Cloud explosions (VCE), High Pressure rupture (HPR),thermal radiation, etal.".
- Probable_maximum_loss wikiPageID "9165496".
- Probable_maximum_loss wikiPageLength "4189".
- Probable_maximum_loss wikiPageOutDegree "8".
- Probable_maximum_loss wikiPageRevisionID "629089523".
- Probable_maximum_loss wikiPageWikiLink ASTM_International.
- Probable_maximum_loss wikiPageWikiLink American_Society_of_Testing_Materials.
- Probable_maximum_loss wikiPageWikiLink Category:Insurance_terms.
- Probable_maximum_loss wikiPageWikiLink Commercial_Real_Estate.
- Probable_maximum_loss wikiPageWikiLink Commercial_property.
- Probable_maximum_loss wikiPageWikiLink Due_diligence.
- Probable_maximum_loss wikiPageWikiLink Fire_sprinkler_system.
- Probable_maximum_loss wikiPageWikiLink Firewall_(construction).
- Probable_maximum_loss wikiPageWikiLink Insurance.
- Probable_maximum_loss wikiPageWikiLink Underwriting.
- Probable_maximum_loss wikiPageWikiLinkText "Probable maximum loss".
- Probable_maximum_loss hasPhotoCollection Probable_maximum_loss.
- Probable_maximum_loss wikiPageUsesTemplate Template:More_footnotes.
- Probable_maximum_loss wikiPageUsesTemplate Template:Orphan.
- Probable_maximum_loss wikiPageUsesTemplate Template:Reflist.
- Probable_maximum_loss subject Category:Insurance_terms.
- Probable_maximum_loss hypernym Term.
- Probable_maximum_loss type Article.
- Probable_maximum_loss type Article.
- Probable_maximum_loss type Term.
- Probable_maximum_loss comment "Probable Maximum Loss (PML) is a term used in the insurance industry as well as Commercial Real Estate. Although the definition is not consistent in the insurance industry, it is generally defined as the value of the largest loss that could result from a disaster, assuming the normal functioning of passive protective features (i.e. firewalls, nonflammable materials, etc.) and proper functioning of most (perhaps not all) active suppression systems (i.e. sprinklers).".
- Probable_maximum_loss label "Probable maximum loss".
- Probable_maximum_loss sameAs Wahrscheinlicher_Höchstschaden.
- Probable_maximum_loss sameAs m.027zwmw.
- Probable_maximum_loss sameAs Максимально_возможный_убыток.
- Probable_maximum_loss sameAs Q2540519.
- Probable_maximum_loss sameAs Q2540519.
- Probable_maximum_loss wasDerivedFrom Probable_maximum_loss?oldid=629089523.
- Probable_maximum_loss isPrimaryTopicOf Probable_maximum_loss.