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Overview
This book focuses on problem-solving from managerial, consumer, and societal perspectives. It emphasizes both the business managerial aspects of risk management and insurance and the numerous consumer applications of the concept of risk management and insurance transaction.The tenth edition has been reorganized and fully updated to highlight the increased importance of risk management and insurance in business and society. In particular, the tenth edition refocuses its attention on corporate risk management, reflecting its growing importance in today’s economy.
Synopsis
For upper level undergraduate/graduate courses in Principles of Insurance and Risk Management.Drawing from the author's extensive teaching experience, this book introduces students to basic insurance concepts from the consumer's point of view and equips them with the tools to make intelligent, informed insurance purchasing decisions.