Pure Risk

(redirected from Absolute Risks)

Pure Risk

Any risk in which there is no possibility of gain, only the avoidance of loss. For example, if a company car is stolen, the company endures a loss, but if it is not stolen, the company does not make a gain. Individuals and companies purchase insurance to mitigate the potential damage from a loss from pure risk. It is also called absolute risk.
References in periodicals archive ?
"However, it's important to note that these risks are reported as relative risks, not absolute risks -- which means that although the relative risk is a 23% increased risk compared to those who have a lower intake of red meat, the absolute risks are small.
Although the absolute risks for birth defects were small, physicians should consider prescribing other antibiotics when treating patients with infections during pregnancy.
If you look at the absolute risks, they're not that large.
Compared with the general-population group, HIV-positive people had a higher relative risk of all age-related diseases studied except for "other cancers." As expected, the absolute risks (the rates) of these diseases rose with older age in people with and without HIV However, the relative risk of all these diseases--except fractures fell with increasing age in HIV-positive people compared with HIV-negative people (Figure 1).
"Although our analysis strongly supports the validity of the associations that were observed, the increase in the absolute risks, if the associations are causal, is small," the researchers wrote.
Although absolute risks for neuropathy are low, CD is a potentially treatable condition with a young age of onset.
The researchers defined the absolute risks of rehospitalisation and death on each day during the full year after discharge.
"While the relative risk of developing breast cancer increased, the absolute risks associated with [HT] are low," she said.
However, the researchers behind the study said the absolute risks for people with migraine and aura are still low.
The logical question is "what is the risk of getting TB if you are a resident of one of the GCC?" Absolute Risks and Odds Ratio are used in this article to investigate the risk of becoming sick with TB.
Absolute risks are measured in terms of simple, unqualified relationships or likelihoods, such as four persons per 100,000 or 22% of a given population.
Gaziano is indeed correct that the actual absolute risks are not stated in the Guideline, and this is an omission.