Theory and Practice of Insurance

Name: Theory and Practice of Insurance
Brand: Springer Nature
SKU: 9781461561873
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Product Details

Brand

Springer Nature

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N/A

Part Number

GTIN

9781461561873

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New

Product Description

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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