Principles of Risk Management and Insurance [Rental Edition]

For undergraduate courses in risk management and insurance.

Principles and practices: Managing risk with consumer considerations

Redja’s Principles of Risk Management and Insurance provides an in-depth examination of major risk themes. Using rich and up-to-date content on the basic concepts of risk and insurance, and introductory and advanced topics in traditional and enterprise risk management, the text is relevant to a wide number of disciplines in the business realm. Fully updated and revised, the 14th Edition covers global topics ranging from natural disasters and terrorism, to domestic issues like the ever-evolving Affordable Care Act and healthcare reform. Principles sets itself apart by placing primary emphasis on insurance consumers and blends basic risk management and insurance principles with consumer considerations, allowing students to apply basic concepts to their own personal risk management and insurance programs.

PART I: BASIC CONCEPTS IN RISK MANAGEMENT AND INSURANCE

1. Risk and Its Treatment 

2. Insurance and Risk 

3. Introduction to Risk Management

4. Enterprise Risk Management and Related Topics

PART II: THE PRIVATE INSURANCE INDUSTRY

5. Types of Insurers and Marketing Systems

6. Insurance Company Operations

7. Financial Operations of Insurers

8. Government Regulation of Insurance

PART III: LEGAL PRINCIPLES IN RISK AND INSURANCE

9. Fundamental Legal Principles

10. Analysis of Insurance Contracts

PART IV: LIFE AND HEALTH RISKS

11. Life Insurance

12. Life Insurance Contractual Provisions

13. Buying Life Insurance

14. Annuities and Individual Retirement Accounts

15. Healthcare Reform: Individual Health Insurance Coverages

16. Employee Benefits: Group Life and Health Insurance

17. Employee Benefits: Retirement Plans

18. Social Insurance

PART V: PERSONAL PROPERTY AND LIABILITY RISKS

19. The Liability Risk

20. Auto Insurance

21. Auto Insurance (Continued)

22. Homeowners Insurance, Section I

23. Homeowners Insurance, Section Ii

24. Other Property and Liability Insurance Coverages

PART VI: COMMERCIAL PROPERTY AND LIABILITY RISKS

25. Commercial Property Insurance

26. Commercial Liability Insurance

27. Crime Insurance and Surety Bonds

Appendix A: Personal Auto Policy

Appendix B: Homeowners 3 (Special Form)