MANAGEMENT OF INSURANCE ENTERPRISE

RMI 636

Comprehensive overview of insurer financial statement analysis and captive insurance. Examine the construction of insurer financial statements, including premiums, expenses, and losses. Financial statement analysis focusing on the statutory statement with differences from GAAP highlighted. Assess captive insurance, covering its structures, feasibility studies, and financial performance measurement.

RMI 875

Applied learning in risk management and insurance.

RMI 645

Consideration of the structure, use, benefits, and limitations of corporate insurance products. Fundamental to the material is the economic underpinning of the insurance contract structure. The major commercial property and liability insurance products will be analyzed in detail with the purpose of illustrating these economic principles and applying them to specific organizational situations.

RMI 637

Focuses on reinsurance, a key component to the successful implementation of the insurance mechanism. Provides exposure to the types and uses of reinsurance, its specific regulatory requirements, how it affects and is affected by primary insurance, and general market mechanisms.

RMI 635

Examines how captive insurance works, the different structures of captives, and advantages and disadvantages of their use in various settings. In addition, the captive feasibility process, as well as techniques for measuring financial performance, will be covered.