Contents of Insurance
Preface vii
Module specification ix

Part I Insurance and its market context 1
Topic 1 Principles of risk 3
Topic 2 Elements of insurance 15
Topic 3 Insurance law and general principles of agency 27
Topic 4 The non-life insurance market 39
Topic 5 The life insurance market 59
Topic 6 The London market 69
Topic 7 Other financial services markets and their relationship with insurance 75
Topic 8 Financial reporting in insurance 89
Topic 9 Regulation of insurance 99
Topic 10 Distribution 121
Topic 11 Reinsurance 147

Part II Functions and processes in insurance operations 153
Topic 12 Marketing in insurance 155
Topic 13 Underwriting, risk control and pricing 171
Topic 14 Claims and loss adjusting 193
Topic 15 Organisational structures and service functions 213

Part III Major issues in insurance 229
Topic 16 Demand and supply issues 231
Topic 17 Structural issues 241
Topic 18 Risk issues 253
Topic 19 The future of insurance 265

Glossary of terms 269
Appendices 287

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