Principles of Risk Management and Insurance

This course promotes an understanding of individual and enterprise risk management and how the financial consequences of risk exposure can be managed using insurance, risk control and other financing techniques. It specifically examines how insurance offers protection against major risks faced byenterprises and individuals, how the insurance market is structured, and how and why the risk management andinsurance industry is regulated. The course also provides the theories and practical applications from the industry as well as issues related to the furtherance of insurance as a viable risk management solution. This course includes 15 hours of experiential learning component covered through interactions and discussions withprofessionals from the risk management and insurance industry.

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