Geographic risk

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Geographic risk

Risk that arises when an issuer issues policies concentrated within certain geographic areas, such as the risk of concentrating their coverage in hurricane or earthquake prone regions.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Geographic Risk

The risk to an investment in a specific geographic area. Specifically, it refers to the possibility that a natural disaster to which an area is prone will negatively impact an investment. For example, a company pumping oil in the Gulf of Mexico carries a geographic risk that a hurricane will destroy its infrastructure. See also: Country risk.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
'We are aware of the geographic risks at eastern Sabah,' she said during a press conference here to promote bi lateral and cross cultural activities
We've moved from a heavy reliance on international borrowings to more local funding sources, helping us manage our foreign exchange and geographic risks. For customers around the globe, this reinforces our role as a reliable banking partner.
It is perhaps too early to say that fraud risk is in remission, but the First American/Interthinx 2014 Annual Mortgage Fraud Risk Report highlights a positive trend toward nominal overall risk, [paragraph] However, First American still sees risk and performance indicators that tell a more cautionary tale around specific geographic risks, home-equity risks and the re-emergence of alternate financing where history reminds us to remain vigilant.
Geographic risks inherent in certain marketplaces yielding concerns around valuation, ownership and occupancy are already accounted for, but we see this as a continued area of focus in 2015, given the impacts of investor activity.
Another consideration involves geographic risks and exposure.
Business and geographic risks should dictate the depth of the training and the prudence of offering or providing training to business partners.
Generally, there are three major categories that need to be identified and managed: Industry/commodity risks; geographic risks; and environmental risks.
Geographic Risks. Geographic risks are focused on a particular country or region, and they include political issues, infrastructure difficulties and currency fluctuations.
Others are likely to return only with tougher underwriting standards and higher fees tied to credit and geographic risks.
Benfield Inc.'s ExposureView, a Web-based mapping tool that insurers can use to view their in-force policies in relation to catastrophe events and other geographic risks, got a lot of use in the last couple of months as insurers pinpointed where the California wildfires would impact their policyholders.
The EFSA has thus far studied geographic risks of BSE in 19 countries around the world outside the EU, applying a methodology which datesback to 1998.
And the McFadden Act should be amended to permit banks to deliver their services at the lowest possible costs and to more easily diversify their geographic risks. The Board has shared its views with the Treasury as part of our continuing consultations on these matters, especially in the context of their FIRREA-mandated study.

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