Level: Intermediate
Why you need this learning module:
After completing this learning module, you’ll be able to evaluate your organization’s use of transfer and retention in financing risk.
Upon successful completion of this learning module, you should be able to:
- Describe risk financing and its importance to organizations.
- Describe the following risk financing goals:
- Paying for losses
- Maintaining an appropriate level of liquidity
- Managing uncertainty of loss outcomes
- Managing the cost of risk
- Complying with legal requirements
- Explain how loss characteristics affect risk financing technique selection.
- Explain how enterprise risk management provides a holistic approach to risk financing.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Understanding Risk Financing Topics Include:
- Risk financing and its importance to organizations
- Risk financing goals, including paying for losses, maintaining an appropriate level of liquidity, managing uncertainty of loss outcomes, managing the cost of risk, and complying with legal requirements
- How loss characteristics affect risk financing technique selection
- How enterprise risk management provides a holistic approach to risk financing
Additional Course Resource
Additional Knowledge Solutions
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