eBook - ePub

Insurance Theory and Practice

Name: Insurance Theory and Practice
ISBN: 9781136963445

Rob Thoyts,

344 pages
English
ePUB (mobile friendly)
Available on iOS & Android

eBook - ePub

Insurance Theory and Practice

Rob Thoyts,

About this book

This book provides a comprehensive overview of the theory, functioning, management and legal background of the insurance industry. Written in accessible, non-technical style, Insurance Theory and Practice begins with an examination of the insurance concept, its guiding principles and legal rules before moving on to an analysis of the market, its players and their roles and relationships.

The model is the UK insurance market which is globally recognized and forms the basis of the insurance system in a range of countries in the Middle East, Africa and the Caribbean as well as Australia and Canada. The book covers the underlying ideas behind insurance transactions, together with the legal and financial principles that permit these concepts to function in the real world.

Key issues considered include:

the role of the constituent parts of the insurance market
the operation of both life and general insurers with special reference to the operation of the Lloyd's market
the nature and function of reinsurers, brokers and loss adjusters
the influence of government, both in terms of market regulation and consumer protection
alternatives to the established private sector insurers, such as government schemes, Islamic insurance and alternative risk financing.

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Yes, you can access Insurance Theory and Practice by Rob Thoyts in PDF and/or ePUB format, as well as other popular books in Business & Business General. We have over one million books available in our catalogue for you to explore.