Ind. Code § 27-1-12.8-16

Current through P.L. 171-2024

Section 27-1-12.8-16 - "Tail risk"

As used in this chapter, "tail risk" means a risk that occurs where:

(1) the frequency of low probability events is higher than expected under a normal probability distribution; or

(2) there are observed events of very significant size or magnitude.

IC 27-1-12.8-16

Added by P.L. 276-2013, SEC. 10, eff. 7/1/2013.