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Insurance and Risk Management

Course Description: This course covers fundamental concepts related to insurance and risk management. It focuses on the dimensions of the insurance function, personal risks, particularly underwriting and pricing of risks. It also addresses the technical aspects using life tables to determine insurance amounts and their corresponding premiums. Furthermore, this course presents methods of reinsurance and its implications, along with a study and evaluation of alternative risk management tools.
Credit hours: 3
Prerequisites: FIN 230
Objectives of the course :

This course aims to provide students with the fundamental knowledge and concepts related to insurance, reinsurance, and risk management and their various applications.

Course outputs :

After completing this course, the student will be able to:

 

Identifies core concepts related to insurance and risk management.

Explains and applies basic concepts related to insurance companies in writing.

Applies fundamental concepts related to insurance principles, ethics, and risk management.

4. It touches upon insurance alternatives within the concept of cultural diversity in global insurance.

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  • Last updated: 2026-06-07

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