000 02753cam a2200337 a 4500
003 CUTN
005 20250425151814.0
008 091214s2010 enka 001 0 eng
020 _a9780415559041 (hb)
020 _a9781032512198
020 _a9780415559058 (pb)
020 _a0415559057 (pb)
020 _a9780203850596 (eb)
020 _a0203850599 (eb)
041 _aEnglish
082 0 0 _a368
_222
_bTHO
100 1 _aThoyts, Rob,
100 1 _d1964-
245 1 0 _aInsurance theory and practice /
_cRob Thoyts.
260 _aMilton Park, Abingdon, Oxon ;
_aNew York :
_bRoutledge,
_c2010.
300 _axv, 323 p. :
_bill. ;
_c25 cm.
500 _aIncludes index.
504 _aIncludes bibliographical references and index.
505 0 _aInsurance as a risk transfer mechanism -- Fundamental legal principles of insurance -- The insurance contract -- Financial and accounting principles -- The structure and regulation of the UK insurance market -- Lloyd's of London -- Reinsurance -- Insurance intermediaries -- Claims handling -- Life assurance -- Pensions -- Policyholder and third party protection -- Alternative insurance systems -- The role of insurance in risk management.
520 _aThis book provides a comprehensive overview of the theory, functioning, management and legal background of the insurance industry. Written in accessible, non-technical style, Insurance Theory and Practice begins with an examination of the insurance concept, its guiding principles and legal rules before moving on to an analysis of the market, its players and their roles and relationships. The model is the UK insurance market which is globally recognized and forms the basis of the insurance system in a range of countries in the Middle East, Africa and the Caribbean as well as Australia and Canada. The book covers the underlying ideas behind insurance transactions, together with the legal and financial principles that permit these concepts to function in the real world. Key issues considered include: the role of the constituent parts of the insurance market the operation of both life and general insurers with special reference to the operation of the Lloyd’s market the nature and function of reinsurers, brokers and loss adjusters the influence of government, both in terms of market regulation and consumer protection alternatives to the established private sector insurers, such as government schemes, Islamic insurance and alternative risk financing.
650 0 _aInsurance.
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_cBOOKS
999 _c44193
_d44193