Fundamentals of Risk and Insurance, 11th Edition presents a thorough and comprehensive introduction to the field of … insurance while emphasizing the consumer. The new edition first examines the concept of risk, the nature of the insurance device …, and the rinciples of risk management. It then discusses the traditional fields of life and health insurance as solutions …

risk management. The English edition extends the scope of use to the English-language bachelor's and master's degree … courses in economics and for potential use (especially as a reference work) in the professional practice of risk management …. The subject of the book is company-wide risk management based on the Value at Risk concept. This includes quantitative and …