XYZ Company is one the largest telecom company operates in Pakistan. During last

financial year the risk register show following facts and figures;

Risk ImpactNo. Of occurrence last five years

Earthquake5,000,000/=01

Theft 200,000/=21

Fire2,500,000/=02

Terrorism7,000,000/= 01

MBD 100,000/=05

Flood10,000,000/=01

You are the risk manager of the XYZ Company and management assigned you a task to treat risk according to their level of priority.

Question

1- Prepare priority table for the next year

2- How would you treat risk considering risk position in priority table

3- Considering insurance cost Rs. 2,000,000/= for all above risk please suggest either you transfer risk or retain keep in mind cost benefit analysis.

its question of risk management