risk management techniques
Methods for treating risks. Traditional risk management techniques for handling
event risks include risk retention, contractual or noninsurance risk transfer,
risk control, risk avoidance, and insurance transfer. Other techniques used
for other types of risk (e.g., credit, operational, interest rate risks) include
financial tools such as hedges, swaps, and derivatives. See also
Contractual risk transfer;
Risk control; Risk financing;
Risk management;
Risk management process;
Risk retention.