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Contents
‘Assignment 1
‘Understanding surance
ajo Roles of insurance
‘Common Types of Persea and
Commercial isurance
oayzng insurer Fane Rato
Calcuatonsood Fah Colm Handing
‘sumeary
‘Assignment 7
‘isk Managoment
‘Base Purpose and Seope of Rsk
Nanagement
‘entiying ane Anyi Loss
Exposures
‘Examining tho Feast of isk
Management acniques
‘Select, Implementing end
Nonitring isk Management
Teotniques
Benet of isk Managment
‘pphig the Ak Management
Process
‘summary
‘Assignment 8
ass Epesies|
‘Commercial aity Coverages
‘Summary
wat
1013
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4
Segment A
‘Assignment 1
Understanding Insurance
‘Assignment 2
Insurers and How They Are Regulated
Assignment 3
Insurer Financial Performancei
»
Understanding Insurance
‘After learning the content ofthis asignment, you shouldbe able to:
Explain how insurance functions in each ofthese roles:
‘+ Asarisk management technique
1+ Asa transfer sytem
# Asabusiness
* Asacontmct
Distinguish among the common types of personal and commercial
inaurance,
[Describe the characteristics ofan ideally insurable loss exponun
Explain how insurance benefits individuals, organizations and sociery.
Describe che costs of insurance.