RMI 351 - Principles of Risk Management and Insurance

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Principles of Risk Management and Insurance (RM 351) offers a broad introduction to risk identification, risk evaluation, and risk treatment methods, for both business and personal risks, with an emphasis on insurance as a risk management tool. A wide range of topics are covered including risk and uncertainty, risk management, ERM, insurer types and marketing systems, basics of utility theory and statistics in insurance, insurer operations, financial analysis and regulation of insurers, fundamental legal principles in insurance, employee benefits, health insurance, life insurance, auto insurance, homeowner property and liability insurance, commercial property and liability insurance, and emerging risks (ie. cyber). Designed for both non-majors and majors.