This course examines the basic operational functions of an insurer and reinsurer, and explores the operational impact from market and regulatory environments. Key topics addressed in the course include industry structure, regulation, distribution systems, underwriting, ratemaking and insurance pricing, reinsurance, and loss control and solvency. Combined with current issues in insurance industry, both personal lines and commercial lines insurance operations are examined. Spring semester.
Grade Basis: Letter Grade
Credits: 4.0
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