Skip to main content
FlatWorld HomeFlatWorld Home
  • My Bookshelf

Table of Contents

    • About the Authors
    • Acknowledgments
    • Dedications
    • Preface
    • 1Understanding Risk
      • 1.1Links
      • 1.2Defining Risk
      • 1.3Attitudes toward Risks
      • 1.4Types of Risks—Risk Exposures
      • 1.5Perils and Hazards
      • 1.6Review and Practice
    • 2Measuring Risk

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 2.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 2.2Quantification of Uncertainty via Probability Models

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 2.3Measures of Risk

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 2.4Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 3Managing Risk

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 3.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.2The Risk Management Function

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.3Risk Identification and Communication

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.4Projected Frequency and Severity and Cost-Benefit Analysis

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.5Risk Management Alternatives: The Risk Management Matrix

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.6Comparisons to Current Risk-Handling Methods

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.7Appendix: Forecasting

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 3.8Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 4Enterprise Risk Management, Sustainability, and InsurTech Innovations

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 4.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 4.2Enterprise Risk Management within Firm Goals: Maximizing Value and Sustainability

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 4.3Risk Management and the Firm’s Financial Statement

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 4.4InsurTech Innovations in Risk Management and Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 4.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 5Financial Risk Management Using the Capital Markets

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 5.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 5.2Using Derivatives as Hedging Instruments

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 5.3Securitization

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 5.4Appendix: Hometown Bank’s Financial Risk Management (A Case Study)

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 5.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 6The Insurance Solution

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 6.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 6.2The Nature of Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 6.3Ideal Requisites for Insurability

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 6.4Types of Insurance and Insurers

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 6.5Appendix: More Exposures, Less Risk

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 6.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 7Insurance Operations

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 7.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 7.2Insurance Operations: Marketing, Underwriting, and Administration

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 7.3Insurance Operations: Actuarial Analysis and Investment

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 7.4Insurance Operations: Reinsurance, Legal and Regulatory Issues, Claims Adjusting, and Management

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 7.5Appendix: Modern Loss Reserving Methods in Long Tail Lines

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 7.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 8Insurance Underwriting Cycles and Regulation

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 8.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 8.2Property/Casualty Insurance Market Conditions: Underwriting Cycles

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 8.3Insurance Regulation

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 8.4Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 9Insurance Contracts I: Fundamental Doctrines 

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 9.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 9.2Agency Law: Application to Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 9.3Requirements of a Contract

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 9.4Distinguishing Characteristics of Insurance Contracts

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 9.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 10Insurance Contracts II: Structure and Analysis

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 10.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 10.2Entering into the Contract

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 10.3The Contract

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 10.4Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 11Property Risk Management, Cyber Risk, and Global Risk Exposures

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 11.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 11.2Property Risks

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 11.3Cyber Property Risks

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 11.4Global Risks

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 11.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 12Liability Exposures

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 12.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 12.2Nature of Liability Exposures

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 12.3Major Sources of Liability

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 12.4Possible Solutions

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 12.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 13Multirisk Management Contracts I: Homeowners

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 13.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 13.2Packaging Coverage, Homeowners Policy Forms, and the Special Form (HO-3)

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 13.3Endorsements

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 13.4Other Risks

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 13.5Personal Umbrella Liability Policies

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 13.6Shopping for Homeowners Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 13.7Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 14Multirisk Management Contracts II: Auto

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 14.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 14.2The Fault System and Financial Responsibility Laws

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 14.3Ensuring Auto Insurance Availability

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 14.4Types of Automobile Policies and the Personal Automobile Policy

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 14.5Auto Insurance Premium Rates

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 14.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 15Multirisk Management Contracts III: Business

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 15.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 15.2Commercial Package Policy and Commercial Property Coverages

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 15.3Commercial General Liability Policy and Commercial Umbrella Liability Policy

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 15.4Other Property and Liability Coverages

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 15.5Other Liability Risks

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 15.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 16Social Insurance Programs I: Workers’ Compensation and Unemployment Insurance

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 16.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 16.2Workers’ Compensation Laws and Benefits

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 16.3Workers’ Compensation Financial Arrangements, Loss Control and Residual Market

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 16.4Unemployment Compensation

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 16.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 17Life Cycle Financial Risks

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 17.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 17.2Risks Related to Mortality

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 17.3Risks Related to Longevity

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 17.4Risks Related to Health and Disability

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 17.5Global Trends and Their Effect on Demography and Life Cycle Risks

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 17.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 18Social Insurance Programs II: Social Security and Medicare

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 18.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 18.2Definition, Eligibility, Benefits, and Financing of Social Security

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 18.3Medicare

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 18.4Issues and Global Trends in Social Security

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 18.5Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 19Mortality Risk Management (Life Insurance)

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 19.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 19.2How Life Insurance Works

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 19.3Life Insurance Products

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 19.4Taxation, Major Policy Provisions, Riders, and Adjusting Life Insurance for Inflation

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 19.5Group Life Insurance for Employee Benefits

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 19.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 20Employment-Based Risk Management

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 20.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 20.2Overview of Employee Benefits and Employer Objectives

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 20.3Nature of Group Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 20.4The Flexibility Issue, Cafeteria Plans, and Flexible Spending Accounts

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 20.5Federal Regulation Compliance, Benefits Continuity and Portability, and Multinational Employee Benefit Plans

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 20.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 21Longevity Risk Management

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 21.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 21.2The Nature of Qualified Pension Plans

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 21.3Types of Qualified Plans, Defined Benefit Plans, Defined Contribution Plans, Other Qualified Plans, and Individual Retirement Accounts

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 21.4Annuities

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 21.5Pension Plan Funding Techniques

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 21.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 22Health Risk Management (Health Insurance)

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 22.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 22.2Health Insurance Plan Design

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 22.3Group Health Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 22.4Individual Health Insurance 

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 22.5Disability Insurance, Long-Term Care Insurance, and Medicare Supplementary Insurance

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 22.6Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • 23Cases in Holistic Risk Management

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • 23.1Links

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 23.2Case 1: The Smith Family Risk Portfolio

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 23.3Case 2: Galaxy Max, Inc., Employee Benefits Package

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

      • 23.4Review and Practice

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • ASample Homeowner's Special Form

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • A.1Sample Homeowners Special Form (HO-3) HO 00 03 05 11

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code

    • BSample Personal Automobile Policy

      Preview Mode

      Login or Purchase this book to read the remaining sections.

      LoginBuy Now or Redeem Code

      • B.1Sample Personal Automobile Policy (PAP) PP 00 01 09 18

        Preview Mode

        Login or Purchase this book to read the remaining sections.

        LoginBuy Now or Redeem Code