Summary |
The 15 chapters in the book are as -
Chapters 1 and 2 set the details for understanding risk by providing an overview of risk and risk management. Chapters 3 through 5 continue the study of risk management by examining risk assessment, risk control, and risk financing, respectively. The focus narrows to insurance in chapters 6 through 8, with discussions of insurance markets and competition and an examination of the insurance mechanism from a variety of viewpoint, including functional, economic, financial, and social.
The focus narrows again in chapter 9 and 10, which examine the legal foundation of the insurance policy. Chapters 11 through 13 provide detailed instruction on policy analysis.
The final two chapters examine how to determine the amounts payable under insurance policies - chapter 14 covering property insurance policies, and chapter 15 covering liability insurance policies.
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