| Course ID: | RMIN 5570. 3 hours. |
| Course Title: | Insurer Operations and Policy |
Course
Description: | Analysis of insurer operations and the issues facing managers
of such operations. Topics covered include regulation,
accounting, finance, marketing, underwriting, reinsurance,
ratemaking, and claims. Students participate in simulated
operation of a homeowner's insurer in a competitive market,
gaining hands-on experience with insurance company management
in a dynamic setting. |
| Oasis Title: | Insurer Operations and Policy |
| Prerequisite: | RMIN 4000 or RMIN 4000H or RMIN 4000E |
Semester Course
Offered: | Offered every year. |
| Grading System: | A-F (Traditional) |
|
| Course Objectives: | This course will consist of analysis of insurer operations and the issues facing
managers of such operations. Topics covered include regulations, accounting,
finance, marketing, underwriting, reinsurance, ratemaking, and claims. Group
case study. |
| Topical Outline: | Topic Title
1 Overview of Insurance Company Operations
2 Marketing and Distribution Systems
3 Underwriting
4 Claims Adjusting
5 Ratemaking
6 Financial Analysis
7 Reinsurance
8 Surplus Lines
9 Lloyd's of London
10 Regulation of Insurers
11 Insurer Accounting |