What is a specific cause of damage or injury?

A hazard represents a condition or situation that increases the likelihood of a loss occurring but does not directly cause damage or injury itself. While hazards can lead to perils, they are broader in scope and can exist without resulting in specific instances of damage.

Exposure indicates the possibility of loss or damage occurring as a result of a peril, but it does not identify the cause itself. It refers to the state of being exposed to risk, and while it is important in assessing potential damage, it does not serve as a direct cause of injury.

Risk is the chance or probability of loss occurring as a result of hazards and perils. It quantifies the likelihood of damage or injury but does not specify a direct cause. Risk assessment involves evaluating potential perils and hazards, but risk itself is a broader concept encompassing these elements.