Summary |
Risk management and insurance is the study of methods used by organization and individuals to manage activities whose outcomes cannot be forecasted exactly, i.e., measures taken to reduce the risk of damage to physical assets, exposure to legal liability, or injury to employees or customers. In organization, the purpose of risk management is to enable the organization to progress toward its goals and objectives on a direct, efficient path and effective path. As such, risk management is a central management function, devoted to the management of uncertainty and its effect on the organization’s progress toward its mission. Risk management is an element of virtually any area of management specialization.
Contents
• Introduction
• Risk management and critical infrastructure protection
• The impact of the insurance economic cycle on insurance pricing
• Risk management for life insurance with high investment component
• Risk based approach guidance for the life insurance sector
• Insurance industry risk analysis ratings on international group clubs
• Insurance sector briefing risk management in insurers
• Increase the efficiency of risk management and compliance
• The risk of ignoring insurance risk management
• Law of large numbers approach to valuation in life insurance
• Enterprise risk management for property- casualty insurance companies
• Entrepreneurship economic risks and risk insurance in the welfare state
• Primer on risk management in the public service
• Public policy and property liability insurance
• Property risk management and securitization
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