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ARM™ 56

The ARM™ 56 course material is intended to help students study for the exam as part of a ten week study plan. Course material includes a webinar recording, slidedeck, and any other supporting material for each class session

Topics covered:

  • Introduction to Risk Financing
  • Estimating Hazard Risk
  • Transferring Hazard Risk Through Insurance
  • Self-Insurance Plans
  • Retrospective Rating Plans
  • Reinsurance
  • Captive Insurance
  • Contractual Risk Transfer
  • Transferring Financial Risk
  • Transferring Hazard Risk to the Capital Markets
  • Allocating Costs of Managing Hazard Risk

The course fee is $50 for ARM™ 54-56 courses, which includes access to webinar recordings and course material (this does not include the textbook for the course).

To order your textbook, Risk Financing, 6th edition, please visit The Institutes website at http://www.theinstitutes.org/program/associate-risk-management-arm#shop.

For an annual subscription to the ARM™ 56 course material, please click on the Course Subscription tab. Please note that your subscription may take up to 24 hours to process.