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Theory and Practice of Insurance

Author: J François Outreville
Publisher: Boston, MA : Springer US, 1998.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
Insurance is a concept, a technique, and an economic institution. It is a major tool of risk management, and plays an important role in the economic, social, and political life of all countries. Economic growth throughout the world has even expanded the role of insurance. Theory and Practice of Insurance aims to describe the significance of insurance institutions, the reasons they exist and how they function. The  Read more...
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Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: J François Outreville
ISBN: 9781461561873 1461561876
OCLC Number: 851782438
Description: 1 online resource (xii, 340 pages)
Contents: 1. The Meaning of Risk --
I Insurance in the Economy --
2. Insurance and Economic Development --
3. Insurance in the World Economy Today --
II The Principles of Risk Management --
4. Risk Management Concepts --
5. Risk Analysis Fundamentals --
6. Risk Financing Decisions --
III The Principles of Insurance --
7. Risk Aversion and Insurance --
8. Insurance Concepts --
9. Pricing Insurance Contracts --
10. Retention, Self-Insurance and Captive Insurance Companies --
IV The Characteristics of Insurance Operations --
11. Organization of Insurance Markets --
12. Operations of Insurance Companies --
13. Reserves and Investments --
14. Reinsurance --
V The Performance of Insurance Companies --
15. Financial Reporting and Performance --
16. Supervision of Insurance Operations --
About the Author.
Responsibility: by J. François Outreville.

Abstract:

Insurance is a concept, a technique, and an economic institution. The author emphasizes fundamental principles in risk and insurance, using an international frame of reference. This volume begins  Read more...

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