Description
This course emphasizes the functional area of corporate risk management. It covers such areas as organizing and controlling the risk management function; identifying, measuring, controlling, and financing risk; selecting the best method of risk treatment, and implementing and monitoring risk management. Topics of exposure analysis include property, liability (public, employer, products, officers and directors, and professionals), include, and extraordinary expense losses. It covers treatment methods such as self-insurance, off0shore captive, retention groups, and commercial insurance. It includes recent developments such as tort reform integration of risk management with modern financial theory, as well as implications and analysis of recent tax reforms.