This book has been a valuable reference work on risk financing since its first edition in 1992.

It covers the fundamentals in detail and expands the analysis of the options in risk financing to include guidance on risk retention decision-making, modern uses of the well-established concept of captive insurance companies and alternative risk financing.

IRM Course Book Module 4.

Author: Dr A.Gordon

ISBN 10: 1856092615 ISBN 13: 9781856092616

Published: 2003

Binding: Paperback

CONTENTS:

Introduction

1. The Nature of Risk Financing
2. Estimation and Valuations of Cash Flows
3. Non-Insurance Contractual Transfer
4. Self-Insurance (1) Pre-Conditions and Rationale
5. Self-Insurance (2) Organisation and Finance
6. Deductibles
7. Captives (1) Nature, Formation and Feasibility
8. Captives (2) Operation and Management
9. Insurance (1) Analysis and Evaluation
10. Insurance (2) Insurance Needs and Programmes
11. Alternative Risk Finance

The Institute of Risk Management (IRM) is a leading enterprise-wide risk education Institute. IRM operates in over 100 countries, with members and students drawn from all risk-related disciplines and industries. IRM is committed to the education and ongoing professional development of its members and provides a range of courses and qualifications aimed from introductory to expert. IRM's international qualifications are widely recognised and are achieved through a combination of examination and accredited practical experience. Extensive collaboration between leading educationalists, academics and risk practitioners from across the world ensure IRM's qualifications and associated study texts remain both highly practical and internationally relevant.