Benefits of risk aggregation with examples

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Question 1.

Risk aggregation approaches aim to assess the total risk profile resulting from a set of risks and not just on individual risks" (Rees, 2015). Summarise the benefits of risk aggregation with examples

Question 2.

There are two types of risk aggregation namely with static values and risk driven occurrences. Differentiate between the two approaches and justify which of the two approaches is most accurate

Reference no: EM133090477

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