What Are The Risk Financing Techniques?
What Are The Risk Financing Techniques? External risk transfer [insurance premiums, credit/counterparty transfers, financial (hedging) instruments] Retained / self-insured losses [including indirect costs such as reduced productivity] Risk mitigation programs [environmental health and safety, emergency planning, regulatory compliance] What are risk management techniques? The basic methods for risk management—avoidance, retention, sharing, transferring, and loss prevention