TAILIEUCHUNG - Lecture Rick management and insurance (11th edition): Chapter 7 - George Rejda

Chapter 7 - Financial operations of insurers. In this chapter we will discuss: Property and casualty insurers, life insurance companies, ratemaking in property and casualty insurance, ratemaking in life insurance, the financial crisis and insurers. | Chapter 7 Financial Operations of Insurers Agenda Property and Casualty Insurers Life Insurance Companies Ratemaking in Property and Casualty Insurance Ratemaking in Life Insurance The Financial Crisis and Insurers Financial Statements of Property and Casualty Insurers Balance Sheet: a summary of what a company owns (assets) and what it owes (liabilities) Total Assets = Total Liabilities + Owners’ Equity Exhibit ABC Insurance Company Financial Statements of Property and Casualty Insurers The primary assets for an insurance company are financial assets Insurers’ liabilities include required reserves A loss reserve is an estimated amount for: Claims reported and adjusted, but not yet paid Claims reported and filed, but not yet adjusted Claims incurred but not yet reported to the company Financial Statements of Property and Casualty Insurers Case reserves are loss reserves that are established for each individual claim Methods for determining case reserves .

• Bảo hiểm
• Rick management
• Insurance principles
• Private insurance industry
• Insurance principles
• Insurance contracts
• Financial operations of insurers
• Risk management process
• Enterprise risk management
• Commercial risks
• Ideally insurable risk
• Marketing systems
• Insurance company operations
• Government regulation of insurance
• Fundamental legal principles
• Analysis of insurance contracts
• Life insurance contractual
• Buying life insurance
• Individual retirement accounts
• Individual health insurance
• Employee benefits
• Social insurance
• The liability risk
• Homeowners insurance
• Auto insurance
• Cost of auto insurance
• Liability insurance coverages
• Commercial property insurance