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Theory and Practice of Insurance

Theory and Practice of Insurance

Hardcover

Business GeneralEconomicsInvesting & Finance

ISBN10: 079239996X
ISBN13: 9780792399964
Publisher: Springer Nature
Published: Oct 31 1997
Pages: 340
Weight: 1.67
Height: 0.99 Width: 6.38 Depth: 9.56
Language: English
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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Business General