Examines the concept of risk and explains how to evaluate and manage it. Provides risk financing alternatives. Investigates the fundamental assumptions underlyi

For many years, introductory insurance textbooks presented insurance as a subject based in contracts. Slowly, the course has moved toward a consumer orientation

For undergraduate courses in Risk Management and Insurance. This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educat

Is "risk" the enemy or is it necessary? What is risk management? How does insurance fit into the concept of risk management? This book defines risk, discusses t