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  2. Total recordable incident rate - Wikipedia

    en.wikipedia.org/wiki/Total_Recordable_Incident_Rate

    The total recordable incident rate (TRIR) is a measure of occupational safety and health, useful for comparing working conditions in workplaces and industries.It is calculated by combining the actual number of safety incidents and total work hours of all employees with a standard employee group (100 employees working 40 hours a week for 50 weeks a year).

  3. Accident triangle - Wikipedia

    en.wikipedia.org/wiki/Accident_triangle

    The accident triangle, also known as Heinrich's triangle or Bird's triangle, is a theory of industrial accident prevention. It shows a relationship between serious accidents, minor accidents and near misses. This idea proposes that if the number of minor accidents is reduced then there will be a corresponding fall in the number of serious ...

  4. LTIFR - Wikipedia

    en.wikipedia.org/wiki/LTIFR

    LTIFR (lost time injury frequency rate) is the number of lost time injuries occurring in a workplace per 1 million hours worked. An LTIFR of 7, for example, shows that 7 lost time injuries occur on a jobsite every 1 million hours worked. The formula gives a picture of how safe a workplace is for its workers.

  5. Fault tree analysis - Wikipedia

    en.wikipedia.org/wiki/Fault_tree_analysis

    A fault tree diagram. Fault tree analysis (FTA) is a type of failure analysis in which an undesired state of a system is examined. This analysis method is mainly used in safety engineering and reliability engineering to understand how systems can fail, to identify the best ways to reduce risk and to determine (or get a feeling for) event rates of a safety accident or a particular system level ...

  6. Tesla Has Highest Fatal Accident Rate of All Auto ... - AOL

    www.aol.com/finance/tesla-highest-fatal-accident...

    Tesla vehicles have a fatal crash rate of 5.6 per billion miles driven, according to the study; Kia is second with a rate of 5.5, and Buick rounds out the top three with a 4.8 rate. The average ...

  7. Chain-ladder method - Wikipedia

    en.wikipedia.org/wiki/Chain-ladder_method

    Next, age-to-age factors are determined by calculating the ratio of losses at subsequent valuation dates. From 24 months to 36 months, accident year 1998 losses increased from 43,169,009 to 45,568,919, so the corresponding age-to-age factor is 45,568,919 / 43,169,009 = 1.056.

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  9. Case fatality rate - Wikipedia

    en.wikipedia.org/wiki/Case_fatality_rate

    In epidemiology, case fatality rate (CFR) – or sometimes more accurately case-fatality risk – is the proportion of people who have been diagnosed with a certain disease and end up dying of it. Unlike a disease's mortality rate , the CFR does not take into account the time period between disease onset and death.