Geographic spread and time are the two most critical elements to consider in a catastrophe exposure management strategy. All risk management solutions essentially improve a company's geographic spread, or the time horizon in which to manage its risk.

Various strategies are available to help companies manage their catastrophe exposure, and ultimately their financial position. Broadly speaking, these strategies can be grouped into one of four categories – Avoidance, Mitigation, Retention and Transfer. Click to the right to learn more about the exposure management strategies and tools behind each category.