Tag Archives: Insurance Definitions

Total Cost of Risk – Definition

Total Cost of Risk
[mp_row] [mp_span col=”12″] [content_box] Total Cost of Risk or (TCOR) is the only accepted measurement of an organization’s entire cost structure as it relates to risk. Components of Total Cost of Risk Total Cost of Risk is the sum of 4 major components that are individually measured and quantified. Risk Financing Costs, Loss Costs (Direct […]