Abstract
A retrospective analysis of the emergency risk management theory is presented. A brief history of the origin of the main emergency risk management theory terms and concepts is presented in the article. The events that required theoretical comprehension of emergency situations, their legislative regulation and the need to search for new solutions are investigated. Special attention is paid to the evolution of the Seveso Directive of the European Union. The author analyzes the advantages and disadvantages of the "absolute security" concept, justifies the inevitability of the transition to the "acceptable risk" concept. The quantitative measure of taking 10-6 per year as the maximum acceptable (or maximum permissible) individual risk and 10-8 per year as a negligible risk is justified.
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