Theory and Practice of Insurance

Front Cover
Springer Science & Business Media, 1998 - Business & Economics - 340 pages
2 Reviews
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 author emphasizes fundamental principles in risk and insurance, using an international frame of reference. This volume begins with an introduction to the concept of risk, then proceeds to cover insurance and its relationship to the economy; the principles of risk management and insurance; and the characteristics and performance of insurance companies.
  

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User Review - Flag as inappropriate

writing a review with out knowing pages 42-432 would not be ... meaningful.
So far the author has taken a good casual tone to introduce the history of insurance. in common simple terms, no complex
notations or any thing.
It is a meaningful book for those who are thoroughly unaware of Insurance. For those who are well aware; the first 42 pages will be boring.
 

User Review - Flag as inappropriate

A quality academic publication on the insurance business - from its history to the principles of financial analysis and regulation needs. Good for anyone interested in how the insurance industry works.

Contents

II
1
III
15
IV
29
V
47
VI
73
VII
91
VIII
113
IX
131
XII
199
XIII
221
XIV
233
XV
263
XVI
291
XVII
315
XVIII
335
XIX
340

X
147
XI
179

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