Risk Transfer
CataloguedThe financial techniques aimed at avoiding damaging financially a business and instead, protect it in its operations. It is the operation of transferring liabilities and claims to third parties that have the financial muscle and specialise in bundling and managing risks in scale.
Risk Transfer sits under General Finance in the Finance domain of the Luminid skills catalogue.
Also known as
- claims transfer
- financial risk transfer
- insurance transfer
- liability transfer
- passing on risk
- risk hedging
- risk management transfer
- risk mitigation
- risk pooling
- risk shifting
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