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Insurance Theory and Practice

Insurance Theory and Practice
Author: Rob Thoyts
Publisher: Routledge
Total Pages: 340
Release: 2010-06-21
Genre: Business & Economics
ISBN: 1136963456

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Presents a comprehensive overview of the theory, functioning, management and legal background of the insurance industry. This title begins with an examination of the insurance concept, its guiding principles and legal rules before moving on to an analysis of the market, its players and their roles and relationships.


Theory and Practice of Insurance

Theory and Practice of Insurance
Author: J. Francois Outreville
Publisher: Springer Science & Business Media
Total Pages: 364
Release: 1998
Genre: Business & Economics
ISBN: 9780792399964

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Insurance is a concept, a technique, and an economic institution. It also has an important role in the economic, social, and political life of all countries. This text aims to describe the significance of insurance institutions, the reasons they exist and how they function.


Insurance

Insurance
Author: N. K. Sharma
Publisher:
Total Pages: 311
Release: 2012
Genre:
ISBN: 9789380929132

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Pricing Insurance Risk

Pricing Insurance Risk
Author: Stephen J. Mildenhall
Publisher: John Wiley & Sons
Total Pages: 564
Release: 2022-06-15
Genre: Business & Economics
ISBN: 1119755670

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PRICING INSURANCE RISK A comprehensive framework for measuring, valuing, and managing risk Pricing Insurance Risk: Theory and Practice delivers an accessible and authoritative account of how to determine the premium for a portfolio of non-hedgeable insurance risks and how to allocate it fairly to each portfolio component. The authors synthesize hundreds of academic research papers, bringing to light little-appreciated answers to fundamental questions about the relationships between insurance risk, capital, and premium. They lean on their industry experience throughout to connect the theory to real-world practice, such as assessing the performance of business units, evaluating risk transfer options, and optimizing portfolio mix. Readers will discover: Definitions, classifications, and specifications of risk An in-depth treatment of classical risk measures and premium calculation principles Properties of risk measures and their visualization A logical framework for spectral and coherent risk measures How risk measures for capital and pricing are distinct but interact Why the cost of capital, not capital itself, should be allocated The natural allocation method and how it unifies marginal and risk-adjusted probability approaches Applications to reserve risk, reinsurance, asset risk, franchise value, and portfolio optimization Perfect for actuaries working in the non-life or general insurance and reinsurance sectors, Pricing Insurance Risk: Theory and Practice is also an indispensable resource for banking and finance professionals, as well as risk management professionals seeking insight into measuring the value of their efforts to mitigate, transfer, or bear nonsystematic risk.


INSURANCE

INSURANCE
Author: NALINI PRAVA TRIPATHY
Publisher: PHI Learning Pvt. Ltd.
Total Pages: 256
Release: 2005-01-01
Genre: Business & Economics
ISBN: 9788120328563

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With the entry of many global players and tie-up of Indian finance companies with multinational insurance companies, the Indian insurance sector is making rapid stricles. This book provides an insight into the operational policies, practices and issues relating to the insurance business, with the latest trends in this sector. Divided into two parts and containing 21 chapters, the book has contributions from experts in their area of specialization. The first part contains an overview of insurance and its role in the services sector. It also examines the current status of development and future prospects of insurance industry in India, and proceeds to discuss factors affecting selection of life insurance products. The second part deals in details with rural, social and health insurance. It also covers the Gratuity system and Bancassurance. The book is intended as a text for postgraduate students of management (Finance specialization), and finance and professionals who have an interest in the increasingly expanding area.


Life Insurance

Life Insurance
Author: Robert Irwin Mehr
Publisher: McGraw-Hill/Irwin
Total Pages: 675
Release: 1987-01-01
Genre: Social Science
ISBN: 9780256037074

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Theory and Practice of Insurance

Theory and Practice of Insurance
Author: J. Francois Outreville
Publisher:
Total Pages: 358
Release: 1997-10-01
Genre:
ISBN: 9781461561880

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Risk Adjustment, Risk Sharing and Premium Regulation in Health Insurance Markets

Risk Adjustment, Risk Sharing and Premium Regulation in Health Insurance Markets
Author: Thomas G. McGuire
Publisher: Academic Press
Total Pages: 659
Release: 2018-08-06
Genre: Business & Economics
ISBN: 012811326X

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Risk Adjustment, Risk Sharing and Premium Regulation in Health Insurance Markets: Theory and Practice describes the goals, design and evaluation of health plan payment systems. Part I contains 5 chapters discussing the role of health plan payment in regulated health insurance markets, key aspects of payment design (i.e. risk adjustment, risk sharing and premium regulation), and evaluation methods using administrative data on medical spending. Part II contains 14 chapters describing the health plan payment system in 14 countries and sectors around the world, including Australia, Belgium, Chile, China, Columbia, Germany, Ireland, Israel, the Netherlands, Russia, Switzerland and the United States. Authors discuss the evolution of these payment schemes, along with ongoing reforms and key lessons on the design of health plan payment. Provides a conceptual toolkit that describes the goals, design and evaluation of health plan payment systems in the context of policy paradigms, such as efficiency, affordability, fairness and avoidance of risk selection Brings together international experience from many different countries that apply regulated competition in different ways Delivers a practical toolkit for the evaluation of health plan payment modalities from the standpoint of efficiency and fairness


Insurance

Insurance
Author: B. D. Bhargava
Publisher:
Total Pages: 272
Release: 2008
Genre: Insurance
ISBN: 9788189979553

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