CHAPTER 1. Risk Pooling and cash management: When did it start and what did our ancestors discover which is still being used today?
CHAPTER 2. What were the first insurance policies issued?
CHAPTER 3. What is the aim of insurance? And what does it bring to our societies?
CHAPTER 4. What is at the core of “modern insurance”?
CHAPTER 5. What are the main business lines (General insurance also called Property & Casualty, life insurance, savings accounts, etc) and products?
CHAPTER 6. How are insurers able to fulfill their promises? Introduction to the asset & liability matching concepts.
CHAPTER 7. What is the size of the global insurance market?
CHAPTER 8. What are the legal requirements for insurance (Premium, Excess, Limit of insurance covers, etc)? We are also covering the insurance premium and what is its “well preserved” secret?
CHAPTER 9. What are the main contractual requirements and the elements of insurance contracts?
CHAPTER 10. What is the business model of insurers? And how do they make profits? We are covering at a high level their cash flow and introduce you to the concept of solvency (more about this in other programs)
CHAPTER 11. What are the principles of claims management?