Finance 431: Property-Liability Insurance Instructors: Stephen D - PowerPoint PPT Presentation

Loading...

PPT – Finance 431: Property-Liability Insurance Instructors: Stephen D PowerPoint presentation | free to view - id: 851970-N2M5O



Loading


The Adobe Flash plugin is needed to view this content

Get the plugin now

View by Category
About This Presentation
Title:

Finance 431: Property-Liability Insurance Instructors: Stephen D

Description:

Title: Finance 341: Property-Liability Insurance Instructor: Stephen D'Arcy Lecture 1: Introduction and Course Organization Author: Department of Finance – PowerPoint PPT presentation

Number of Views:59
Avg rating:3.0/5.0
Slides: 13
Provided by: Departme412
Category:

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Finance 431: Property-Liability Insurance Instructors: Stephen D


1
Finance 431 Property-Liability
Insurance Instructors Stephen DArcy Mark
Vonnahme Teaching Assistant Adam Gruen Lecture
1 Introduction and Course Organization
2
General Course Information
  • Prerequisite
  • Basic knowledge of insurance terminology and
    personal lines coverage (Fin 230)
  • Course focus - three components
  • Insurance Operations
  • Commercial Property and Liability Exposures and
    Coverages
  • Current Events

3
Insurance Operations
  • Overview of Industry and Profit Measures
  • Underwriting
  • Marketing and Distribution Systems
  • Claims
  • Ratemaking
  • Loss Reserving
  • Reinsurance

4
Commercial Exposures and Coverages
  • Commercial Property Insurance
  • Workers Compensation
  • Commercial Liability Insurance
  • Excess and Umbrella Policies
  • Professional Liability
  • Surety

5
Current Events Examples
  • Insurance Brokerage
  • Insurance Regulation
  • Insurance Accounting/Finance
  • Catastrophes
  • Insurance Securitization
  • Intellectual Property in Insurance

6
Required Textbook
  • Risk Management and Insurance by Pritchett,
    Schmit, Doerpinghaus and Athearn (Seventh
    Edition) (Fin 230 Text)

7
Optional Textbooks On Reserve in the
Undergraduate Library
  • Insurance Operations by Webb, Harrison, and
    MarkhamVolumes I and II
  • Commercial Liability Risk Management and
    Insurance by Malecki, Horn, Wiening, and Flitner
    Volume II

8
Course Website http//www.business.uiuc.edu/ s-da
rcy/Fin431/2005/index.html
  • The site contains the syllabus, lecture notes
    (posted about one week prior to class), class
    projects (after covered in class), assignments
    (approximately one week prior to due date) and
    keys (after the due date).

9
General Purpose of Course
  • Fin 230 covered what every consumer needs to know
    about insurance.
  • This class covers what someone intending to work
    in the insurance industry, as a risk manager, or
    as a corporate insurance buyer needs to know
    about the industry.

10
Whom You Should Know
  • Mark Vonnahme
  • Visiting Lecturer in Finance
  • Former CEO of CNA Surety
  • Will cover surety, professional liability,
    marketing and distribution systems, insurance
    brokerage issues, and insurance accounting and
    finance.

11
What You Should Know Now
  • Class Project 1

12
Whats next?
  • Seven lectures on the general structure of
    insurance companies and functions within the
    company.
  • Review and first exam.
  • Ten lectures on commercial property and liability
    coverages, workers compensation and surety.
  • Review and second exam.
  • Six lectures on current events (the topics are
    subject to change).
  • Review and final exam.
About PowerShow.com