• Effectively apply RMI theory to your everyday work

Construct a solid background in the unique risk management needs of public entities.

  • Confidently understand the bigger picture

Develop a holistic view of public entity risk management with an understanding of specific stakeholders’ expectations.

  • Enhance your effectiveness

Manage claim and litigation costs through a technical understanding of the legal environment of public entities.


The course is conducted in English.

Assessment is done by segmented exams (e.g. ARM 54 segment A, ARM 54 segment B, ARM 54 segment C).

Tuition Classes: AED 4,375

Book: AED 850

Segmented Exam: AED 350


ARM 56 Segment A

-Introduction to risk financing
- Estimating hazard risk
- Transferring hazard risk through insurance
- Self-insurance plans

ARM 56 Segment B

- Retrospective rating plans
- Reinsurance
- Captive insurance
- Contractual risk transfer

ARM 56 Segment C

- Transferring financial risk
- Transferring hazard risk to the capital markets
- Allocating costs of managing hazard risk



ARM 56 consists of three (3) segments:

ARM 56 A (three consecutive days)

ARM 56 B (three consecutive days)

ARM 56 C (three consecutive days)

Each segment is scheduled three to four weeks apart to allow the student for private studying and also a time to take the segmented exam before proceeding to the next segment.

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