Principles of Risk Management and Insurance 11th Edition Rejda Solutions Manual

Principles of Risk Management and Insurance 11th Edition Rejda Solutions Manual

Product details:

• ISBN-10 ‏ : ‎ 0136117023
• ISBN-13 ‏ : ‎ 978-0136117025
• Author:
• George E. Rejda
• Michael J. McNamara

Complete and current coverage of major risk management and insurance topics. Focusing primarily on the consumers of insurance, this text blends basic risk management and insurance principles with consumer considerations.This edition addresses the unprecedented events that have occurred in today’s economy, highlighting the destructive presence of risk to readers.

Table contents:

PART ONE BASIC CONCEPTS IN RISK MANAGEMENT AND INSURANCE

1(90)

Risk in Our Society

2(17)

Different Definitions

3(1)

Chance of Loss

4(1)

Peril and Hazard

5(1)

Classification of Risk

6(1)

Major Personal Risks and Commercial Risks

7(5)

Burden of Risk on Society

12(1)

Techniques for Managing Risk

12(3)

Summary

15(1)

Key Concepts and Terms

16(1)

Review Questions

16(1)

Application Questions

17(1)

Internet Resources

18(1)

Selected References

18(1)

Notes

18

Case Application

15

Insight 1.1: Have Heath Insurance? Think You’re Well Protected? Think Again!

9(10)

Insurance and Risk

19(24)

Definition of Insurance

20(1)

Basic Characteristics of Insurance

20(2)

Characteristics of an Ideally Insurable Risk

22(2)

Two Applications: The Risks of Fire and Unemployment

24(2)

Adverse Selection and Insurance

26(1)

Insurance and Gambling Compared

26(1)

Insurance and Hedging Compared

26(1)

Types of Insurance

27(3)

Benefits of Insurance to Society

30(1)

Costs of Insurance to Society

31(3)

Summary

35(1)

Key Concepts and Terms

35(1)

Review Questions

35(1)

Application Questions

36(1)

Internet Resources

36(1)

Selected References

37(1)

Notes

37

Case Application

34

Insight 2.1: Insurance Fraud Hall of Shame—Shocking Examples of Insurance Fraud

33(1)

Insight 2.2: Don’t Think Insurance Fraud Is Committed Only by Hardened Crooks

34(5)

Appendix Basic Statistics and the Law of Large Numbers

39(4)

Introduction to Risk Management

43(19)

Meaning of Risk Management

44(1)

Objectives of Risk Management

44(1)

Steps in the Risk Management Process

45(1)

Identify Loss Exposures

46(1)

Measure and Analyze the Loss Exposures

46(1)

Select the Appropriate Combination of Techniques for Treating the Loss Exposures

47(7)

Implement and Monitor the Risk Management Program

54(1)

Benefits of Risk Management

55(1)

Personal Risk Management

55(3)

Summary

58(1)

Key Concepts and Terms

59(1)

Review Questions

59(1)

Application Questions

59(1)

Internet Resources

60(1)

Selected References

61(1)

Notes

61

Case Application

58

Insight 3.1: Advantages of Self Insurance

50(6)

Insight 3.2: Show Me the Money—How Much Do Risk Managers Earn?

56(6)

Advanced Topics in Risk Management

62(29)

The Changing Scope of Risk Management

63(5)

Insurance Market Dynamics

68(4)

Loss Forecasting

72(3)

Financial Analysis in Risk Management Decision Making

75(3)

Other Risk Management Tools

78(2)

Summary

80(1)

Key Concepts and Terms

81(1)

Review Questions

81(1)

Application Questions

81(1)

Internet Resources

82(1)

Selected References

83(1)

Notes

83

Case Application

80

Insight 4.1: The Rise of the Weather Risk Management Market

73(12)

Appendix Risk Management Application Problems

85(6)

PART TWO THE PRIVATE INSURANCE INDUSTRY

91(82)

Types of Insurers and Marketing Systems

92(16)

Overview of Private Insurance in the Financial Services Industry

93(1)

Types of Private Insurers

94(5)

Agents and Brokers

99(2)

Types of Marketing Systems

101(2)

Group Insurance Marketing

103(1)

Summary

104(1)

Key Concepts and Terms

104(1)

Review Questions

104(1)

Application Questions

105(1)

Internet Resources

105(1)

Selected References

106(1)

Notes

107

Case Application

103

Insight 5.1: Show Me the Money—How Much Do Insurance Agents Earn?

100(8)

Insurance Company Operations

108(22)

Insurance Company Operations

109(1)

Rating and Ratemaking

109(1)

Underwriting

110(3)

Production

113(1)

Claims Settlement

114(1)

Reinsurance

115(5)

Alternatives to Traditional Reinsurance

120(1)

Investments

121(3)

Other Insurance Company Functions

124(5)

Summary

125(1)

Key Concepts and Terms

126(1)

Review Questions

126(1)

Application Questions

127(1)

Internet Resources

127(1)

Selected References

128(1)

Notes

129

Case Application

125

Insight 6.1: Be a Smart Consumer—Check Your Insurer’s Claims Record

116(5)

Insight 6.2: New Proposals for Dealing with Mega-Catastrophes

121(9)

Financial Operations of Insurers

130(19)

Property and Casualty Insurers

131(6)

Life Insurance Companies

137(1)

Rate Making in Property and Casualty Insurance

138(4)

Rate Making in Life Insurance

142(1)

The Financial Crisis and Insurers

142(1)

Summary

143(2)

Key Concepts and Terms

145(1)

Review Questions

145(1)

Application Questions

145(1)

Internet Resources

146(1)

Selected References

147(1)

Notes

147

Case Application

143

Insight 7.1: How Profitable Is the Property and Casualty Insurance Industry?

136(13)

Government Regulation of Insurance

149(24)

Reasons for Insurance Regulation

150(2)

Historical Development of Insurance Regulation

152(1)

Methods for Regulating Insurers

153(1)

What Areas Are Regulated?

154(7)

State Versus Federal Regulation

161(2)

Current Problems and Issues in Insurance Regulation

163(5)

Summary

168(1)

Key Concepts and Terms

169(1)

Review Questions

169(1)

Application Questions

169(1)

Internet Resources

170(1)

Selected References

171(1)

Notes

171

Case Application

168

Insight 8.1: Quality of Information Provided to Consumers on Auto and Homeowners Insurance Varies Widely Among State Insurance Departments

151(8)

Insight 8.2: 2008 Annual Ranking of Automobile Insurance Complaints

159(14)

PART THREE LEGAL PRINCIPLES IN RISK AND INSURANCE

173(36)

Fundamental Legal Principles

174(19)

Principle of Indemnity

175(3)

Principle of Insurable Interest

178(1)

Principle of Subrogation

179(2)

Principle of Utmost Good Faith

181(2)

Requirements of an Insurance Contract

183(1)

Distinct Legal Characteristics of Insurance Contracts

184(2)

Law and the Insurance Agent

186(2)

Summary

188(1)

Key Concepts and Terms

189(1)

Review Questions

189(1)

Application Questions

190(1)

Internet Resources

191(1)

Selected References

191(1)

Notes

191

Case Application

188

Insight 9.1: Corporation Lacking Insurable Interest at Time of Death Can Receive Life Insurance Proceeds

180(2)

Insight 9.2: Auto Insurer Denies Coverage Because of Material Misrepresentation

182(1)

Insight 9.3: Insurer Voids Coverage because of Material Misrepresentations in Proof of Loss

182(11)

Analysis of Insurance Contracts

193(16)

Basic Parts of an Insurance Contract

194(3)

Definition of “Insured”

197(1)

Endorsements and Riders

197(1)

Deductibles

198(2)

Coinsurance

200(2)

Coinsurance in Health Insurance

202(1)

Other-Insurance Provisions

202(2)

Summary

204(1)

Key Concepts and Terms

205(1)

Review Questions

205(1)

Application Questions

206(1)

Internet Resources

206(1)

Selected References

207(1)

Notes

207

Case Application

204

Insight 10.1: Will Your Auto Insurance Cover You When You Drive Another Person’s Car?

198(11)

PART FOUR LIFE AND HEALTH RISKS

209(206)

Life Insurance

210(33)

Premature Death

211(1)

Financial Impact of Premature Death on Different Types of Families

212(1)

Amount of Life Insurance to Own

213(6)

Types of Life Insurance

219(6)

Variations of Whole Life Insurance

225(8)

Other Types of Life Insurance

233(3)

Summary

236(2)

Key Concepts and Terms

238(1)

Review Questions

238(1)

Application Questions

238(2)

Internet Resources

240(1)

Selected References

241(1)

Notes

241

Case Application

236

Insight 11.1: What Accounts for the Lower Life Expectancy in the United States?

212(12)

Insight 11.2: Cash-Value Life Insurance as an Investment—Two Important Considerations

224(9)

Insight 11.3: Be a Savvy Consumer—Four Life Insurance Policies to Avoid

233(10)

Life Insurance Contractual Provisions

243(24)

Life Insurance Contractual Provisions

244(6)

Dividend Options

250(1)

Nonforfeiture Options

251(2)

Settlement Options

253(5)

Additional Life Insurance Benefits

258(4)

Summary

263(1)

Key Concepts and Terms

263(1)

Review Questions

264(1)

Application Questions

264(1)

Internet Resources

264(2)

Selected References

266(1)

Notes

266

Case Application

262

Insight 12.1: Is This Death a Suicide?

246(6)

Insight 12.2: Which Dividend Option Is Best for You?

252(10)

Insight 12.3: What Is a Life Settlement? Examples of Actual Cases

262(5)

Buying Life Insurance

267(21)

Determining the Cost of Life Insurance

268(4)

Rate of Return on Saving Component

272(2)

Taxation of Life Insurance

274(1)

Shopping for Life Insurance

275(3)

Summary

People also search:

principles of risk management and insurance 12th edition

principles of risk management and insurance pdf

principles of risk management and insurance

principles of risk management and insurance chapter 11

11 principles of risk management

 

 

Instant download after Payment is complete