This proven, market-leading
text provides a thorough, current introduction to risk management and insurance. It
assists the learner in identifying, analyzing, and managing risk through insurance and
alternative tools/techniques such as loss control, risk retention, and risk transfer. This
edition presents an even stronger focus on managing risk and covers insurance within this
context. Concepts of risk management are presented as they apply to business and personal
situations as well as international situations.
Benefits:
Updated Enterprise-wide Risk
Management Coverage: Enterprise-wide risk management coverage will be placed throughout
the text as opposed to being secluded to one section.
Updated Speculative Risk
Management Coverage: Increased coverage of speculative risk, integrating it throughout the
text rather than separating it from the flow of the text.
Current Regulations: The
text has been updated to account for any new legislation, and the most current regulations
are included throughout.
Updated tables and graphs:
Tables, charts, and graphs have been updated to reflect current data.
Chapters 1 and 2 have been
carefully revised for clarity by the authors, since these chapters are so crucial to the
course.
Internet Exercises: At the
end of each chapter, learners can use Internet resources to apply the chapter's content.
Risk Management Icons: This
text's risk management orientation is highlighted with icons placed by relevant
discussions.
Internet References:
"Netlink" Margin Internet links in every chapter provide users with the
opportunity to explore World Wide Web sites that contain additional information on
specific topics.
Perspective Boxes: In each
chapter, boxed features contain material from current literature to further illustrate
concepts. "International Perspectives" illustrate the application of risk
management considerations on a global basis, "Ethical Perspectives" present
ethical dilemmas common in the field of risk management, and "Professional
Perspectives" are based on interviews with practicing risk management professionals
and articles.
780 pages