FIN440 - Insurance and Risk Management

This course enables the student to gain a thorough understanding of both risk management and
insurance theory and practice. Students are exposed to the legal, actuarial, financial, and economic
principles underlying personal, property, and casualty insurance. In addition to explaining the definition
and principles of risk, the details of health, disability, long-term care, and life insurance are also taught.
Risk management and insurance theory, functions, and strategies are all examined with reference to
changes in the legal, regulatory, and economic environment. Case studies will be used extensively in
this course.

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