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Books > Business & Economics > Economics > Microeconomics
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Theory and Practice of Insurance (Paperback, 1998 ed.)
Loot Price: R4,312
Discovery Miles 43 120
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Theory and Practice of Insurance (Paperback, 1998 ed.)
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Insurance is a concept, a technique, and an economic institution.
It is a major tool of risk management, and plays an important role
in the economic, social, and political life of all countries.
Economic growth throughout the world has even expanded the role of
insurance. Theory and Practice of Insurance aims to describe the
significance of insurance institutions, the reasons they exist and
how they function. The author emphasizes fundamental principles in
risk and insurance, using an international frame of reference. This
volume begins with an introduction to the concept of risk, then
proceeds to cover insurance and its relationship to the economy;
the principles of risk management and insurance; and the
characteristics and performance of insurance companies.
General
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