Insurance it appears is a risk transfer mechanism designed to transfer the financial consequences of risk to someone other than the person/organization who would be adversely affected if the risk should occur.
The contents of the book includes-
1. Brief History of Insurance
2. The Insurance Market
3. UK Regulation of the Insurance Industry
4. The Six Principles of Insurance
5. Insurance Documentation
6. Property Insurance
7. Liability Insurance
8. Motor Insurance
9. Pecuniary insurance
10. Business Related Insurances of the Person
11. Insurance Pricing
12. Claims Management
13. Reinsurance
