Insurance, Risk Management, and Public Policy

Insurance, Risk Management, and Public Policy
Author: Sandra G. Gustavson
Publisher: Springer Science & Business Media
Total Pages: 188
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9401113785

Five years ago the world lost one of its most prolific insurance scholars, Dr. Robert I. Mehr. His death in 1988 signalled the passing of not only a gifted writer and researcher, but also a pioneering teacher, mentor, and friend. The essays compiled within this volume are intended as an appropriate tribute to this occasionally outrageous individual who touched the lives of so many within the insurance community. Bob Mehr was a teacher who expected and demanded nothing less than perfect scholarship and flawless, efficient writing. Among alumni of the University of lllinois insurance doctoral program, stories still abound of late night and early morning sessions in which students and professor painstakingly debated precise words and phrases for dissertations, journal articles, and textbooks. Bob's respect for language was both immense and contagious, if at times more than a little compulsive. He joked that he could not read letters or novels without pencil in hand for editing. Bob's respect for his doctoral students was equally evident. The confidence he displayed in his students' abilities was sometimes startling, but "competence assumed" often begot "competence in fact." The accomplishments and records amassed by the many who studied with Bob Mehr are impressive and ongoing. On the dedication page in his final textbook, Fundamentals of Insurance, Bob spoke of his affection for those he called his "academic progeny" and wished them happiness as they build their own academic families.

Risk Management and Insurance

Risk Management and Insurance
Author: Scott Harrington
Publisher: McGraw-Hill/Irwin
Total Pages: 0
Release: 2003-07-15
Genre: Business & Economics
ISBN: 9780072339703

For many years, introductory insurance textbooks presented insurance as a subject based in contracts. Slowly, the course has moved toward a consumer orientation, providing students with a broad, descriptive survey of the insurance field, covering topics such as legal aspects, life and health, and property and liability. Over the past 10 years, textbooks began to promote, and to a limited degree, incorporate a stronger business risk management component while maintaining a consumer orientation. Harrington/Niehaus' Risk Management and Insurance 2e is written to take the next step offering the essential aspects of insurance contracts and the insurance industry while providing a substantially more conceptual analysis and attention to business risk management and public policy issues that exists in current texts.

Insurance and Behavioral Economics

Insurance and Behavioral Economics
Author: Howard C. Kunreuther
Publisher: Cambridge University Press
Total Pages: 343
Release: 2013-01-28
Genre: Business & Economics
ISBN: 0521845726

This book examines the behavior of individuals at risk and insurance industry policy makers involved in selling, buying and regulation.

Enhancing the Role of Insurance in Cyber Risk Management

Enhancing the Role of Insurance in Cyber Risk Management
Author: Organization for Economic Cooperation and Development
Publisher: Organization for Economic Co-Operation & Development
Total Pages: 0
Release: 2017
Genre: Computer crimes
ISBN: 9789264282131

The digital transformation of economic activities is creating significant opportunities for innovation, convenience and efficiency. However, recent major incidents have highlighted the digital security and privacy protection risks that come with an increased reliance on digital technologies. While not a substitute for investing in cyber security and risk management, insurance coverage for cyber risk can make a significant contribution to the management of cyber risk by promoting awareness about exposure to cyber losses, sharing expertise on risk management, encouraging investment in risk reduction and facilitating the response to cyber incidents. This report provides an overview of the financial impact of cyber incidents, the coverage of cyber risk available in the insurance market, the challenges to market development and initiatives to address those challenges. It includes a number of policy recommendations which support the development of the cyber insurance market and contribute to improving the management of cyber risk.

Risk Management And Insurance: Perspectives In A Global Economy

Risk Management And Insurance: Perspectives In A Global Economy
Author: Harold D. Skipper/w. Jean Kwon
Publisher: John Wiley & Sons
Total Pages: 772
Release: 2008-04-07
Genre:
ISBN: 9788126515936

This book provides an in-depth understanding of international risk management and insurance, their dynamics, and the economic, social, political, and regulatory environments surrounding global risk and insurance markets.· Introduction· Factors Shaping the Risk Environment Internationally· Enterprise Risk Management in a Global Economy· Insurance in a Global Economy· Conclusions

Risk Management in Public Administration

Risk Management in Public Administration
Author: Konrad Raczkowski
Publisher: Springer
Total Pages: 463
Release: 2016-11-09
Genre: Business & Economics
ISBN: 3319308777

This book draws on financial, economic, and management theory in its exploration of the theory underlying risk and risk management at both micro- and macroeconomic levels. It has a particular reference to the public financial sector. Chapters investigate the elimination of currency risk in the Transatlantic Trade and Investment Partnership (TTIP), as well as the changes that credit ratings undergo due to the influence of credit spreads. Featuring contributions on important topics such as public safety and the internet, intellectual capital, bank regulatory risk in the EU, the financial distress of public sector entities, and systemic risk in the insurance sector, it also explores innovative and emerging issues in the European tax gap in personal income taxes and VAT carousel fraud in selected European countries. Discussion of the complex nature of risk management in public administration will appeal to public officials, policy-makers, academics and researchers alike.

When All Else Fails

When All Else Fails
Author: David A. Moss
Publisher: Harvard University Press
Total Pages: 472
Release: 2004-10-25
Genre: Business & Economics
ISBN: 9780674016095

One of the most important functions of government—risk management—is one of the least well understood. Moving beyond familiar public functions—spending, taxation, and regulation—Moss spotlights government's pivotal role as a risk manager, revealing the nature and extent of this function, which touches almost every aspect of economic life.

Insurance as Governance

Insurance as Governance
Author: Richard V. Ericson
Publisher: University of Toronto Press
Total Pages: 428
Release: 2003-01-01
Genre: Social Science
ISBN: 9780802085740

Analyzes how the tactics and strategies of insurers help govern our "risk society". [back cover].

Encyclopedia of Public Administration and Public Policy: K-Z

Encyclopedia of Public Administration and Public Policy: K-Z
Author: Jack Rabin
Publisher: CRC Press
Total Pages: 700
Release: 2003
Genre: Business & Economics
ISBN: 9780824742997

From the Nuremberg trials to the Civil Service Reform Act of 1978 to recent budget reconciliation bills, the Encyclopedia of Public Administration and Public Policy provides detailed coverage of watershed policies and decisions from such fields as privatization, biomedical ethics, education, and diversity. This second edition features a wide range of new topics, including military administration, government procurement, social theory, and justice administration in developed democracies. It also addresses current issues such as the creation of the Department of Homeland Security and covers public administration in the Middle East, Africa, Southeast Asia, the Pacific, and Latin America.

Corporate Risk Management

Corporate Risk Management
Author: Georges Dionne
Publisher: John Wiley & Sons
Total Pages: 416
Release: 2019-04-30
Genre: Business & Economics
ISBN: 1119583128

An updated review of the theories and applications of corporate risk management After the financial crisis of 2008, issues concerning corporate risk management arose that demand new levels of oversight. Corporate Risk Management is an important guide to the topic that puts the focus on the corporate finance dimension of risk management. The author—a noted expert on the topic—presents several theoretical models appropriate for various industries and empirically verifies theoretical propositions. The book also proposes statistical modeling that can evaluate the importance of different risks and their variations according to economic cycles. The book provides an analysis of default, liquidity, and operational risks as well as the failures of LTCM, ENRON, and financial institutions that occurred during the financial crisis. The author also explores Conditional Value at Risk (CVaR), which is central to the debate on the measurement of market risk under Basel III. This important book: Includes a comprehensive review of the aspects of corporate risk management Presents statistical modeling that addresses recent risk management issues Contains an analysis of risk management failures that lead to the 2008 financial crisis Offers a must-have resource from author Georges Dionne the former editor of The Journal of Risk and Insurance Corporate Risk Management provides a modern empirical analysis of corporate risk management across industries. It is designed for use by risk management professionals, academics, and graduate students.