Fundamentals of the Insurance Business

Bibliographische Detailangaben
Hauptverfasser: Maggioni, Massimiliano (VerfasserIn), Turchetti, Giuseppe (VerfasserIn)
Körperschaft: SpringerLink (Online service)
Zusammenfassung:XXVI, 770 p. 163 illus.
text
Sprache:Englisch
Veröffentlicht: Cham : Springer International Publishing : Imprint: Springer, 2024.
Ausgabe:1st ed. 2024.
Schriftenreihe:Springer Texts in Business and Economics,
Schlagworte:
Online-Zugang:https://doi.org/10.1007/978-3-319-52851-9
Format: Elektronisch Buch
Inhaltsangabe:
  • Part I: Fundamentals of insurance business The origins and role of insurance in society
  • The notion of risk and probability
  • The insurance undertaking
  • Regulation of the insurance industry
  • Supervision and other Authorities
  • The insurance business
  • The insurance contract
  • Life Insurance products
  • Non-life insurance products. Personal line
  • Non-life insurance products. Commercial Line
  • Part II: Pricing, reserving and reinsurance Non-life insurance: pricing
  • Non-life insurance: reserving
  • Life insurance: pricing
  • Life insurance: reserving
  • Life insurance. How with-profits insurances work
  • Life insurance: other components of profit
  • Reinsurance and coinsurance
  • Part III: Business models and processes in the insurance industry Business models for the insurance undertakings
  • Competences and organisational functions
  • Product development process
  • Underwriting process
  • Investment process
  • Loss event management process
  • Insurance marketing
  • Insurance distribution
  • Part IV: Performance and key indicators Financial statements of an insurance undertaking
  • Introduction to IFRS and consolidated financial statements
  • International accounting standards (IAS) and International Financial Reporting Standards (IFRS)
  • Solvency of an insurance undertaking
  • Solvency II’s Capital Model
  • Asset Liability Management (ALM)
  • Embedded Value
  • Management control in insurance industry
  • Performance indicators in the insurance business
  • Business Plan for an insurance undertaking. .