Part I: Fundamentals of insurance business The origins and role of insurance in society -- The notion of risk and … probability -- The insurance undertaking -- Regulation of the insurance industry -- Supervision and other Authorities -- The … insurance business -- The insurance contract -- Life Insurance products -- Non-life insurance products. Personal line -- Non …

This textbook presents the fundamental economic dimensions of insurance companies and links them to managerial issues … management of the insurance business. Further, it provides a general overview of insurance undertakings and technical topics are … explained in depth. Filling an important gap in the market for textbooks on the insurance business, it is divided into four …

Main description: In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce … and ongoing debate about how to better protect policyholders. Drawing lessons from the failures of four insurance … companies, When Insurers Go Bust dramatically advances this debate by arguing that the current approach to insurance regulation …