Risk Management and Insurance: Perspectives in a Global ... (ISBN 1405125411)

Book Description:
In an increasingly globalized marketplace, it in undeniable that companies face global risks; not only financial risks, but political, environmental, social, and health risks as well. Instructors worldwide recognize the need to address these issues on an global scale, yet current textbooks for risk & insurance classes tend to be regional in scope, treating international aspects of risk and insurance as afterthoughts or add-ons, if at all. Kwon & Skipper's Global Risk Management & Insurance fills that need by incorporating an international perspective from the outset. Students are provided 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. The authors follow theory with practice, analyzing real-world case studies, and explore sound risk management and insurance operations in the future. Discussion questions and exercise modules help students understand these issues and apply their learning.