Overview

Many people by their nature are risk averse. They would prefer to pay a premium for someone to absorb the risk for them. The insurance industry in return for a fee offer protection to individuals and businesses against potentially ruinous risk.

This eCourse looks at the different risks that insurance companies cover and the challenges they face in insuring these risks on behalf of individuals and businesses.

Objective

On completion of this eCourse, you will be able to:
- Identify the principles of insurance contracts and the organizational structures of insurance companies
- Recognise the major business lines of insurance companies and the challenges facing those companies
- Identify the key insurance company performance metrics

Content

Business of Insurance
Topic 1: Principles of Insurance
Topic 2: Organization & Distribution
Topic 3: Underwriting & Pricing
Topic 4: Claims & Reinsurance
Topic 5: Regulation & Conduct of Business
Topic 6: Life Insurance
Topic 7: Nonlife Insurance
Topic 8: Risk Management & Performance