Principles of Risk and Insurance
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The Principles of Risk and Insurance course module helps students learn about the structure of the insurance business and analyze the strategic regulatory and risk management problems that arise with different kinds of products and institutions in this industry Here the program starts by recognizing a mix of natural risks and making it possible to analyze the insurance markets and how risks are shared critically In addition to these basics the program thoroughly examines the different ways insurance companies work including underwriting and pricing and the many insurance products available such as property liability life and health insurance The program also looks into how insurance companies make money and how they keep track of their assets and liabilities Also the program gives essential context and background information for the more detailed and helpful computation of different goods and functions covered in the courses that come after
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