FIN 240 Risk & Ins

Course Objectives and Description: The overall aim of this course is to introduce the students to a general knowledge about the unique nature of insurance, its main concepts and contracts. The objective of this course is to introduce the students to: risk in our society, types of risks, methods of dealing with risk, steps to manage risk, the legal principles of insurance and analysis of insurance contracts. The course also covers operations of insurance companies; which include: rate making, underwriting, production, claim settlement and reinsurance, and insurance pricing. - See more at: http://fac.ksu.edu.sa/mhahmed/course/41103#sthash.x5I8ZF9Q.dpuf