Summary |
The text is divided into four parts. Part 1 acquaints the student with risk- its nature and its effects- and discusses the purposes and scope of risk management. Part 2, which deals with business (defined broadly to include nonprofit and public organization) and related family risk management, describes the risk management function in business, how a business can identify and measure its loss exposures, the loss exposures of a typical firm, the major tools of risk management, how to select among these tools, how to analyze insurance contracts, some leading policies, and insurers and their operations. Part 3 covers the unique aspects of family risk management. Part 4 deals with government regulation of insurers.
|
