Learning outcomes
This section tackles the processes that underpin risk treatment and risk financing. The process involves identifying, assessing and selecting appropriate risk treatment and financing options. The section also looks at preparing a risk treatment and financing plan and how such plans are implemented, monitored and reviewed.
Learning outcomes
Learning outcomes
This section examines how financial risk retention levels are established and set, and the internal and external considerations associated with setting these levels. The section outlines the key issues for consideration when establishing traditional risk financing programs, such as risk retention and risk sharing issues. Finally, the section looks at advanced risk financing strategies such as integrated covers and programs, dual trigger policies, captive insurers, finite/blended risk policies, contingency capital, weather derivatives, insurance linked securities.
Learning outcomes
This section discusses the general principles for preparing risk treatment and financing plans. It examines options for preparing plans, communication strategies for treatment plans, implementation of plans and integration into existing organisational policies procedures and frameworks.
Learning outcomes
This section focuses on the monitoring and review of risk treatment and risk financing to ensure that risk exposures are effectively managed. The section looks at establishing a monitoring and review regime within an organisation and the organisational performance criteria for monitoring and review of risk treatment and financing.
Learning outcomes