Risk Financing

This course will pro­vide an overview of risk financ­ing. Top­ics include: esti­mat­ing haz­ard risk, trans­fer­ring haz­ard risk through insur­ance, self-insur­ance plans, ret­ro­spec­tive rat­ing plans, rein­sur­ance, cap­tive insur­ance and con­trac­tu­al risk trans­fer, trans­fer­ring finan­cial risk to the finan­cial mar­ket, and allo­cat­ing costs of man­ag­ing haz­ard risks.
What you will learn

By the end of this course, you should be able formulate:

  • What is risk financing and why is it needed?
  • How much financing is required?
  • What are some of the ways to finance this requirement?
  • Who are the supplier/client groups and how to deal with them?
  • What is the evolving role of risk financing within the organization?

and be able to:

  • Perform basic statistical functions
  • Understand in general terms some of the financial instruments applied to risk financing
  • Ask basic questions regarding risk financing
This course has no prerequisites

Students from all educational backgrounds welcome. You can register for this course without applying and enrolling in a program.

Currently counts towards:

Applicants intending to enrol in a program are encouraged to apply as soon as possible to lock in their course requirements since they are prone to change.

*If you are already enroled in this program, please refer to your specific program requirements as outlined at the time of your admission: Bear Tracks > Academic Advisement.

When will
this course be offered?

New course schedules are released each June and November.

Course not yet scheduled

This course is not currently scheduled, but may be offered in an upcoming term.

New course schedules are announced each June and November.

Sign up for updates

Interested in future offerings of this course? We can let you know when this course becomes available.