C16 – The Business of Insurance

April 12th, 2010 Leave a comment Go to comments



This is the final CIP course; you should take it last. Regardless, it must be one of the last three courses you take. Now that you have a basic technical knowledge of insurance and risk, you will be exposed to the insurance industry in its broader context. We will explore the insurance industry’s relationship to its external environment. We will examine international issues associated with insurance. You will learn about financial concepts unique to the insurance industry. You will examine marketing in insurance, pricing the product, broker and insurer relationships, the regulatory environment, and the general dynamics of how the industry operates. We will introduce you to the study of ethics and how it relates specifically to you and our industry.

You are encouraged to develop your own ideas about the business of insurance, to read insurance trade journals, and to keep current on industry news.

Chapter Outlines:

  • Insurance and society
  • Structure of the insurance industry
  • Marketing
  • Pricing the insurance service; financial concepts
  • The dynamics of the insurance marketplace
  • Regulation; Solvency and Capacity
  • Financial management
  • Financial analysis
  • Managing the enterprise
  • Ethics, education and excellence


Study Notes:

  1. Johny
    November 6th, 2009 at 19:56 | #1

    There is no notes for C 16?

  2. admin
    December 13th, 2009 at 16:56 | #2

    Hi Johny,

    It appears that there isn’t much notes for this course, i’ll search around.

    Thanks,
    -Tom

  3. Imam Khan
    February 18th, 2010 at 10:14 | #3

    Hi there,
    I was hoping to find notes as it appears on this great website- for other CIP course.
    Any help?
    Thanks,
    Imam Khan

  4. admin
    April 12th, 2010 at 19:22 | #4

    New study notes updated!

  5. Rose
    June 13th, 2010 at 21:13 | #5

    Hi There,

    Are these study notes posted here updated with the new published book c16 from 2009? Any help can be appreciated.

    Thanks

    Rose

  6. admin
    June 13th, 2010 at 21:17 | #6

    Hi Rose,

    These notes were from last semester’s class so they are very recent.

    Regards,
    -Admin

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