Principles of Risk Management and Insurance, Global Editon (14^th Ed.)

For undergraduate courses in risk managementand insurance.

Principles and practices: Managing risk withconsumer considerations

Redja's Principles of RiskManagement and Insurance provides an in-depth examination of majorrisk themes. Using rich and up-to-date content on the basic concepts of riskand insurance, and introductory and advanced topics in traditional andenterprise risk management, the text is relevant to a wide number ofdisciplines in the business realm. Fully updated and revised, the 14thEdition covers global topics ranging from natural disasters andterrorism, to domestic issues like the ever-evolving Affordable CareAct and healthcare reform. Principles sets itselfapart by placing primary emphasis on insurance consumers and blends basic riskmanagement and insurance principles with consumer considerations, allowingstudents to apply basic concepts to their own personal risk management andinsurance programs.

PART I: BASIC CONCEPTS IN RISK MANAGEMENT ANDINSURANCE

1. Risk and Its Treatment 

2. Insurance and Risk 

3. Introduction to Risk Management

4. Enterprise Risk Management and RelatedTopics

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 ANDINSURANCE

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 RetirementAccounts

15. Healthcare Reform: Individual HealthInsurance Coverages

16. Employee Benefits: Group Life and HealthInsurance

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 InsuranceCoverages

PART VI: COMMERCIAL PROPERTY AND LIABILITYRISKS

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)

The latest risk management and insurance coverage

Technically accurate and up-to-date material has been reviewed by numerous experts, especially in areas where changes occur rapidly. Updates to the 14th Edition include:

Website references present valuable internet resources for students to supplement their learning.

Real-world examples of risk and insurance concepts make the content relevant and interesting to students