ABSTRACT
Loss statistics are a vital part of any health and safety management system. Compiling of injury and loss statistics and the accompanying costs is a reactive activity, but it nevertheless serves its purpose in identifying past history and helping to predict future experience. The lost time injury severity rate is a term for measuring the actual number of days, or shifts, lost as a result of injury per million workhours worked, or per 500 workers working for a year. The philosophy behind the accident ratio is that had circumstances been slightly different, each one of the numerous near misses could have resulted in either a property damage or an injury-causing accident. Most organizations keep statistics of injuries and diseases caused by accidental events but tend to ignore the losses incurred by non-injury accidents. Injury statistics should be tabulated for all injuries as well as damage and other losses caused by accidents.
