Fundamentals of the Insurance Business, 1st ed. 2024 Springer Texts in Business and Economics Series
Auteurs : Maggioni Massimiliano, Turchetti Giuseppe
Part I: Fundamentals of insurance business The origins and role of insurance in society.- The notion of risk and probability.- The insurance undertaking.- Regulation of the insurance industry.- Supervision and other Authorities.- The insurance business.-The insurance contract.- Life Insurance products.- Non-life insurance products. Personal line.- Non-life insurance products. Commercial Line.- Part II: Pricing, reserving and reinsurance Non-life insurance: pricing.- Non-life insurance: reserving.- Life insurance: pricing.- Life insurance: reserving.- Life insurance. How with-profits insurances work.- Life insurance: other components of profit.- Reinsurance and coinsurance.- Part III: Business models and processes in the insurance industry Business models for the insurance undertakings.- Competences and organisational functions.- Product development process.- Underwriting process.- Investment process.- Loss event management process.- Insurance marketing.- Insurance distribution.- Part IV: Performance and key indicators Financial statements of an insurance undertaking.- Introduction to IFRS and consolidated financial statements.- International accounting standards (IAS) and International Financial Reporting Standards (IFRS).- Solvency of an insurance undertaking.- Solvency II’s Capital Model.- Asset Liability Management (ALM).- Embedded Value.- Management control in insurance industry.- Performance indicators in the insurance business.- Business Plan for an insurance undertaking.
Offers a comprehensive perspective on relevant aspects in the insurance industry
Combines theory and a concretely practical approach to the insurance business
Covers all the topics regarding the insurance companies and the related managerial issues
Date de parution : 05-2024
Ouvrage de 762 p.
15.5x23.5 cm
Thèmes de Fundamentals of the Insurance Business :
Mots-clés :
Insurance management; Insurance business; Marketing of insurance; Insurance distribution; Performance of insurance companies; Technical management and insurance; Risk management and insurance; Casualty insurance; Life insurance; Private insurance; Insurance underwriting; Insurance operations; Insurance products; Insurance manual; Insurance handbook; Insurance regulation; Property and casualty insurance; Profit and loss for insurance companies