Nov 25, 2025Struggling to explain a Loss Exceedance Curve to directors without slipping into jargon or false certainty? In this lesson, you’ll learn a repeatable, plain‑English script to read an LEC, anchor it to budget, risk appetite, and capital, and confidently handle metrics like expected loss, P10–P90, and VaR. You’ll find clear explanations, board-ready examples, vetted phrases and pitfalls, plus short exercises to test and tighten your delivery. Leave with a concise, investor‑grade narrative that shifts the curve into decisions—controls, insurance, and governance thresholds.