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| degree in insurance and risk management: An Introduction to Computational Risk Management of Equity-Linked Insurance Runhuan Feng, 2018-06-13 The quantitative modeling of complex systems of interacting risks is a fairly recent development in the financial and insurance industries. Over the past decades, there has been tremendous innovation and development in the actuarial field. In addition to undertaking mortality and longevity risks in traditional life and annuity products, insurers face unprecedented financial risks since the introduction of equity-linking insurance in 1960s. As the industry moves into the new territory of managing many intertwined financial and insurance risks, non-traditional problems and challenges arise, presenting great opportunities for technology development. Today's computational power and technology make it possible for the life insurance industry to develop highly sophisticated models, which were impossible just a decade ago. Nonetheless, as more industrial practices and regulations move towards dependence on stochastic models, the demand for computational power continues to grow. While the industry continues to rely heavily on hardware innovations, trying to make brute force methods faster and more palatable, we are approaching a crossroads about how to proceed. An Introduction to Computational Risk Management of Equity-Linked Insurance provides a resource for students and entry-level professionals to understand the fundamentals of industrial modeling practice, but also to give a glimpse of software methodologies for modeling and computational efficiency. Features Provides a comprehensive and self-contained introduction to quantitative risk management of equity-linked insurance with exercises and programming samples Includes a collection of mathematical formulations of risk management problems presenting opportunities and challenges to applied mathematicians Summarizes state-of-arts computational techniques for risk management professionals Bridges the gap between the latest developments in finance and actuarial literature and the practice of risk management for investment-combined life insurance Gives a comprehensive review of both Monte Carlo simulation methods and non-simulation numerical methods Runhuan Feng is an Associate Professor of Mathematics and the Director of Actuarial Science at the University of Illinois at Urbana-Champaign. He is a Fellow of the Society of Actuaries and a Chartered Enterprise Risk Analyst. He is a Helen Corley Petit Professorial Scholar and the State Farm Companies Foundation Scholar in Actuarial Science. Runhuan received a Ph.D. degree in Actuarial Science from the University of Waterloo, Canada. Prior to joining Illinois, he held a tenure-track position at the University of Wisconsin-Milwaukee, where he was named a Research Fellow. Runhuan received numerous grants and research contracts from the Actuarial Foundation and the Society of Actuaries in the past. He has published a series of papers on top-tier actuarial and applied probability journals on stochastic analytic approaches in risk theory and quantitative risk management of equity-linked insurance. Over the recent years, he has dedicated his efforts to developing computational methods for managing market innovations in areas of investment combined insurance and retirement planning. |
| degree in insurance and risk management: Risk and Insurance Søren Asmussen, Mogens Steffensen, 2020-04-17 This textbook provides a broad overview of the present state of insurance mathematics and some related topics in risk management, financial mathematics and probability. Both non-life and life aspects are covered. The emphasis is on probability and modeling rather than statistics and practical implementation. Aimed at the graduate level, pointing in part to current research topics, it can potentially replace other textbooks on basic non-life insurance mathematics and advanced risk management methods in non-life insurance. Based on chapters selected according to the particular topics in mind, the book may serve as a source for introductory courses to insurance mathematics for non-specialists, advanced courses for actuarial students, or courses on probabilistic aspects of risk. It will also be useful for practitioners and students/researchers in related areas such as finance and statistics who wish to get an overview of the general area of mathematical modeling and analysis in insurance. |
| degree in insurance and risk management: Risk Management and Insurance Scott Harrington, 2003-07-15 For many years, introductory insurance textbooks presented insurance as a subject based in contracts. Slowly, the course has moved toward a consumer orientation, providing students with a broad, descriptive survey of the insurance field, covering topics such as legal aspects, life and health, and property and liability. Over the past 10 years, textbooks began to promote, and to a limited degree, incorporate a stronger business risk management component while maintaining a consumer orientation. Harrington/Niehaus' Risk Management and Insurance 2e is written to take the next step offering the essential aspects of insurance contracts and the insurance industry while providing a substantially more conceptual analysis and attention to business risk management and public policy issues that exists in current texts. |
| degree in insurance and risk management: IRM Program United States. Department of Veterans Affairs. Office of Information Resources Management, 1991 |
| degree in insurance and risk management: Insurance, Risk & Risk Management Christopher J. Boggs, 2011-07-28 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 the theory of risk management, details the risk management process, and delves into insurance and its rightful place within risk management and the risk management process. Included in this book are discussions of insurance regulation, negligence theories, theories of legal liability, and the premium audit process and rules. The capstone of this book is the last chapter. This chapter gives readers the 12 rules or guidelines necessary to read and understand ANY insurance policy. All experience levels can benefit from the concepts discussed in this book. In fact, even those not in the insurance industry will find this book useful, especially if their job involves managing risk. |
| degree in insurance and risk management: Insurance and Risk Management Strategies for Physicians and Advisors David Edward Marcinko, 2005 This book fulfills its promise as a peerless tool for physicians wanting to make good decisions about the risks they face. |
| degree in insurance and risk management: Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems Simon Grima, Ercan Özen, Rebecca Dalli Gonzi, 2022-01-24 Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems is a collection of 13 chapters and studies about Insurance and Risk management in response to disruptions caused by social, economic, and environmental challenges to try and stabilize the economy in an effort to ensure sustainability. |
| degree in insurance and risk management: Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems Simon Grima, Ercan Özen, Rebecca E. Dalli Gonzi, 2022-01-24 Insurance and Risk Management for Disruptions in Social, Economic and Environmental Systems is a collection of 13 chapters and studies about Insurance and Risk management in response to disruptions caused by social, economic, and environmental challenges to try and stabilize the economy in an effort to ensure sustainability. |
| degree in insurance and risk management: Careers in Focus Ferguson, 2010-05-17 Profiles jobs in Financial Services such as Accountants and Auditors, Actuaries, Bank Examiners, Financial Analysts, Financial Planners, Insurance Underwriters, and more.--Résumé de l'éditeur. |
| degree in insurance and risk management: Big Data Analytics in the Insurance Market Kiran Sood, Balamurugan Balusamy, Simon Grima, Pierpaolo Marano, 2022-07-18 Big Data Analytics in the Insurance Market is an industry-specific guide to creating operational effectiveness, managing risk, improving financials, and retaining customers. A must for people seeking to broaden their knowledge of big data concepts and their real-world applications, particularly in the field of insurance. |
| degree in insurance and risk management: Catastrophe Risk and Reinsurance Eugene N. Gurenko, 2004 Including the latest invaluable insights into catastrophe reinsurance, this book provides you with a wealth of risk management expertise gained from many of the largest catastrophe risk transfer programmes worldwide. |
| degree in insurance and risk management: The Application of Emerging Technology and Blockchain in the Insurance Industry Kiran Sood, Simon Grima, Ganga Sharma, Balamurugan Balusamy, 2024-02-20 This book is a unique guide to the disruptions, innovations, and opportunities that technology provides the insurance sector and acts as an academic/industry-specific guide for creating operational effectiveness, managing risk, improving financials, and retaining customers. It also contains the current philosophy and actionable strategies from a wide range of contributors who are experts on the topic. It logically explains why traditional ways of doing business will soon become irrelevant and therefore provides an alternative choice by embracing technology. Practitioners and students alike will find value in the support for understanding practical implications of how technology has brought innovation and modern methods to measure, control, and evaluation price risk in the insurance business. It will help insurers reduce operational costs, strengthen customer interactions, target potential customers to provide usage-based insurance, and optimize the overall business. Retailers and industry giants have made significant strides in adopting digital platforms to deliver a satisfying customer experience. Insurance companies must adjust their business models and strategies to remain competitive and take advantage of technology. Insurance companies are increasingly investing in IT and related technologies to improve customer experience and reduce operational costs. Innovation through new technologies is a key driver of change in the financial sector which is often accompanied by uncertainty and doubt. This book will play a pivotal role in risk management through fraud detection, regulatory compliances, and claim settlement leading to overall satisfaction of customers. |
| degree in insurance and risk management: Sustainable Risk Management Peter A. Wilderer, Ortwin Renn, Martin Grambow, Michael Molls, Klaus Mainzer, 2017-12-21 Here, expert authors delineate approaches that can support both decision makers as well as their concerned populations in overcoming unwarranted fears and in elaborating policies based on scientific evidence. Four exemplary focus areas were chosen for in-depth review, namely:- The scientific basis of risk management- Risk management in the area of environmental and ecological policy- Risk management in radiation medicine- Risk management in context with digitalization and roboticsGeneral as well as specific recommendations are summarized in a memorandum. Fundamental thoughts on the topic are presented in the introductory part of the book. The idea for and contents of the book were developed at a workshop on “Sustainable Risk Management: How to manage risks in a sensible and responsible manner?” held in Feldafing at Lake Starnberg (Germany) on April 14 to 16, 2016. The book offers important information and advice for scientists, entrepreneurs, administrators and politicians. |
| degree in insurance and risk management: Introduction to Risk Management and Insurance 多尔夫曼, Mark S. Dorfman, 1998 Prentice Hall出版公司授权出版 |
| degree in insurance and risk management: Quick Guide to Choosing Your College Major Laurence Shatkin, 2020-04-21 This easy-to-use guide moves from self-assessment to information to decision making. The decision-making process begins with an explanation of what a college major is and what should be considered when making a decision. The next chapters offer three quick exercises to help readers clarify dimensions that are relevant to the choice of a major: their personality type, their strongest skills, and their favorite high school courses. Using the results of these exercises, readers construct a hot list of the college majors that seem to suit them the most, plus any others that look interesting. Then they explore their possible choices by reading fact-packed descriptions of 61 popular college majors and the 164 occupations and 95 job specializations linked to these majors. Finally, readers fill out a decision-making checklist, comparing the results of their self-assessment exercises with the facts they have learned about various majors. They weigh the pros and cons to reach a tentative conclusion and receive hints about how to do additional exploration to confirm their decision. With Quick Guide to Choosing Your College Major, the reader will be able to determine their future path fast! |
| degree in insurance and risk management: Career Opportunities in Banking, Finance, and Insurance, Second Edition Thomas Fitch, 2007 Profiles current industry trends and salaries and career profiles include Insurance account executive, banking customer service representative, financial analyst, tax preparer and more. |
| degree in insurance and risk management: Loss and Damage from Climate Change Reinhard Mechler, Laurens M. Bouwer, Thomas Schinko, Swenja Surminski, JoAnne Linnerooth-Bayer, 2018-11-28 This book provides an authoritative insight on the Loss and Damage discourse by highlighting state-of-the-art research and policy linked to this discourse and articulating its multiple concepts, principles and methods. Written by leading researchers and practitioners, it identifies practical and evidence-based policy options to inform the discourse and climate negotiations. With climate-related risks on the rise and impacts being felt around the globe has come the recognition that climate mitigation and adaptation may not be enough to manage the effects from anthropogenic climate change. This recognition led to the creation of the Warsaw International Mechanism on Loss and Damage in 2013, a climate policy mechanism dedicated to dealing with climate-related effects in highly vulnerable countries that face severe constraints and limits to adaptation. Endorsed in 2015 by the Paris Agreement and effectively considered a third pillar of international climate policy, debate and research on Loss and Damage continues to gain enormous traction. Yet, concepts, methods and tools as well as directions for policy and implementation have remained contested and vague. Suitable for researchers, policy-advisors, practitioners and the interested public, the book furthermore: • discusses the political, legal, economic and institutional dimensions of the issue• highlights normative questions central to the discourse • provides a focus on climate risks and climate risk management. • presents salient case studies from around the world. |
| degree in insurance and risk management: Pricing Insurance Risk Stephen J. Mildenhall, John A. Major, 2022-06-15 PRICING INSURANCE RISK A comprehensive framework for measuring, valuing, and managing risk Pricing Insurance Risk: Theory and Practice delivers an accessible and authoritative account of how to determine the premium for a portfolio of non-hedgeable insurance risks and how to allocate it fairly to each portfolio component. The authors synthesize hundreds of academic research papers, bringing to light little-appreciated answers to fundamental questions about the relationships between insurance risk, capital, and premium. They lean on their industry experience throughout to connect the theory to real-world practice, such as assessing the performance of business units, evaluating risk transfer options, and optimizing portfolio mix. Readers will discover: Definitions, classifications, and specifications of risk An in-depth treatment of classical risk measures and premium calculation principles Properties of risk measures and their visualization A logical framework for spectral and coherent risk measures How risk measures for capital and pricing are distinct but interact Why the cost of capital, not capital itself, should be allocated The natural allocation method and how it unifies marginal and risk-adjusted probability approaches Applications to reserve risk, reinsurance, asset risk, franchise value, and portfolio optimization Perfect for actuaries working in the non-life or general insurance and reinsurance sectors, Pricing Insurance Risk: Theory and Practice is also an indispensable resource for banking and finance professionals, as well as risk management professionals seeking insight into measuring the value of their efforts to mitigate, transfer, or bear nonsystematic risk. |
| degree in insurance and risk management: Federal Response to Criminal Misconduct by Bank Officers, Directors, and Insiders United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee, 1984 |
| degree in insurance and risk management: Smart Analytics, Artificial Intelligence and Sustainable Performance Management in a Global Digitalised Economy Pallavi Tyagi, Simon Grima, Kiran Sood, Balamurugan Balusamy, Ercan Özen, Eleftherios Thalassinos, 2023-05-29 The Covid 19 pandemic has created chaos in the business world and forced leaders to rethink their operational status quo. Though the benefits outweigh the risks, the challenges in digitalised economies are as sophisticated as the solutions they offer. |
| degree in insurance and risk management: Fire Hazard and Fire Risk Assessment M. M. Hirschler, 1992 |
| degree in insurance and risk management: Physician Practice Management Lawrence F. Wolper, 2012-05-24 Published in association with the MGMA and written for physician leaders and senior healthcare managers as well as those involved in smaller practices, Physician Practice Management: Essential Operational and Financial Knowledge, Second Edition provides a comprehensive overview of the breadth of knowledge required to effectively manage a medical group practice today. Distinguished experts cover a range of topics while taking into special consideration the need for a broader and more detailed knowledge base amongst physicians, practice managers and healthcare managers. Topics covered in this must-have resource include: physician leadership, financial management, health care information technology, regulatory issues, compliance programs, legal implications of business arrangements, medical malpractice, facility design, and capital financing for physician group practices. |
| degree in insurance and risk management: Managing Catastrophic Disaster Risks Using Alternative Risk Financing and Pooled Insurance Structures John D. Pollner, 2001-01-01 This report examines the existing constraints and opportunities to implement a catastrophe insurance system which can resolve the key obstacles currently impeding broader implementation of a risk funding approach. The four main pillars in such a strategy involve: strengthening the insurance sector regulatory requirements and supervision; establishment of broad based pooled catastrophe funding structures with efficient risk transfer tools; promoting public insurance policies linked to programs for loss reduction in the uninsured sectors; and strengthening the risk assessment and enforcement of structural measures such as zoning and building code compliance. |
| degree in insurance and risk management: National Flood Insurance Program: Background, Challenges, and Financial Status , |
| degree in insurance and risk management: Group Insurance William F. Bluhm, 2012 This text is a comprehensive treatment of all aspects of group insurance in the United States and Canada. It addresses life and health insurance as well as government programs and more specialized forms of insurance. Emphasis is placed on the actuarial aspects of this important field of insurance including pricing, regulation, underwriting, financial reporting, and modeling. Since its original publication in 1992, Group Insurance has become the resource of choice for experts as well as beginners. It is an essential tool for anyone who wishes to practice in the group benefits field. The Sixth Edition has been updated for the industry and regulatory changes which have occurred since 2007. Of particular note is the impact that healthcare reform in the United States will have on all facets of this topic. |
| degree in insurance and risk management: Principles of risk management and insurance American Institute for Property and Liability Underwriters, 1978 |
| degree in insurance and risk management: Risk Management Handbook for Health Care Organizations, 3 Volume Set , 2011-01-06 Continuing its superiority in the health care risk management field, this sixth edition of The Risk Management Handbook for Health Care Organizations is written by the key practitioners and consultant in the field. It contains more practical chapters and health care examples and additional material on methods and techniques of risk reduction and management. It also revises the structure of the previous edition, and focuses on operational and organizational structure rather than risk areas and functions. The three volumes are written using a practical and user-friendly approach. |
| degree in insurance and risk management: Life Insurance Risk Management Essentials Michael Koller, 2011-05-04 The aim of the book is to provide an overview of risk management in life insurance companies. The focus is twofold: (1) to provide a broad view of the different topics needed for risk management and (2) to provide the necessary tools and techniques to concretely apply them in practice. Much emphasis has been put into the presentation of the book so that it presents the theory in a simple but sound manner. The first chapters deal with valuation concepts which are defined and analysed, the emphasis is on understanding the risks in corresponding assets and liabilities such as bonds, shares and also insurance liabilities. In the following chapters risk appetite and key insurance processes and their risks are presented and analysed. This more general treatment is followed by chapters describing asset risks, insurance risks and operational risks - the application of models and reporting of the corresponding risks is central. Next, the risks of insurance companies and of special insurance products are looked at. The aim is to show the intrinsic risks in some particular products and the way they can be analysed. The book finishes with emerging risks and risk management from a regulatory point of view, the standard model of Solvency II and the Swiss Solvency Test are analysed and explained. The book has several mathematical appendices which deal with the basic mathematical tools, e.g. probability theory, stochastic processes, Markov chains and a stochastic life insurance model based on Markov chains. Moreover, the appendices look at the mathematical formulation of abstract valuation concepts such as replicating portfolios, state space deflators, arbitrage free pricing and the valuation of unit linked products with guarantees. The various concepts in the book are supported by tables and figures. |
| degree in insurance and risk management: Participation in the U.S. Federal Crop Insurance Program Linda Calvin, 1992 |
| degree in insurance and risk management: The National Guide to Educational Credit for Training Programs American Council on Education, 2005 Highlights over 6,000 educational programs offered by business, labor unions, schools, training suppliers, professional and voluntary associations, and government agencies. |
| degree in insurance and risk management: Changes in the Life Insurance Industry: Efficiency, Technology and Risk Management J. David Cummins, Anthony M. Santomero, 1999-12-31 Ten chapters explore the determinants of firm performance in the life insurance industry by identifying the best practices employed by leading insurers to succeed in the changing business environment. Particular attention is devoted to strategic choices in distribution systems, information technology, mergers and acquisitions, human resources, and financial strategies. Generic strategies such as cost leadership, customer focus, and product differentiation are analyzed as well as strategic practices specific to the insurance industry. The book concludes with an analysis of the future opportunities and challenges facing managers. Annotation copyrighted by Book News, Inc., Portland, OR |
| degree in insurance and risk management: 106-1 Hearing: Review Of The Federal Crop Insurance Program, Serial No. 106-3, Part 3 , 1999 |
| degree in insurance and risk management: Levees and the National Flood Insurance Program National Research Council, Division on Earth and Life Studies, Water Science and Technology Board, Committee on Levees and the National Flood Insurance Program: Improving Policies and Practices, 2013-07-18 The Federal Emergency Management Agency's (FEMA) Federal Insurance and Mitigation Administration (FIMA) manages the National Flood Insurance Program (NFIP), which is a cornerstone in the U.S. strategy to assist communities to prepare for, mitigate against, and recover from flood disasters. The NFIP was established by Congress with passage of the National Flood Insurance Act in 1968, to help reduce future flood damages through NFIP community floodplain regulation that would control development in flood hazard areas, provide insurance for a premium to property owners, and reduce federal expenditures for disaster assistance. The flood insurance is available only to owners of insurable property located in communities that participate in the NFIP. Currently, the program has 5,555,915 million policies in 21,881 communities3 across the United States. The NFIP defines the one percent annual chance flood (100-year or base flood) floodplain as a Special Flood Hazard Area (SFHA). The SFHA is delineated on FEMA's Flood Insurance Rate Maps (FIRM's) using topographic, meteorologic, hydrologic, and hydraulic information. Property owners with a federally back mortgage within the SFHAs are required to purchase and retain flood insurance, called the mandatory flood insurance purchase requirement (MPR). Levees and floodwalls, hereafter referred to as levees, have been part of flood management in the United States since the late 1700's because they are relatively easy to build and a reasonable infrastructure investment. A levee is a man-made structure, usually an earthen embankment, designed and constructed in accordance with sound engineering practices to contain, control, or divert the flow of water so as to provide protection from temporary flooding. A levee system is a flood protection system which consists of a levee, or levees, and associated structures, such as closure and drainage devices, which are constructed and operated in accordance with sound engineering practices. Recognizing the need for improving the NFIP's treatment of levees, FEMA officials approached the National Research Council's (NRC) Water Science and Technology Board (WSTB) and requested this study. The NRC responded by forming the ad hoc Committee on Levee and the National Flood Insurance Program: Improving Policies and Practices, charged to examine current FEMA treatment of levees within the NFIP and provide advice on how those levee-elated policies and activities could be improved. The study addressed four broad areas, risk analysis, flood insurance, risk reduction, and risk communication, regarding how levees are considered in the NFIP. Specific issues within these areas include current risk analysis and mapping procedures behind accredited and non-accredited levees, flood insurance pricing and the mandatory flood insurance purchase requirement, mitigation options to reduce risk for communities with levees, flood risk communication efforts, and the concept of shared responsibility. The principal conclusions and recommendations are highlighted in this report. |
| degree in insurance and risk management: Review of the Federal Crop and Revenue Insurance Program United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry, 1998 |
| degree in insurance and risk management: Risk Management & Insurance James S. Trieschmann, Sandra G. Gustavson, 1998 A proven market-leading text that provides a thorough, modern introduction to risk management and insurance. This edition continues with an even stronger focus on tools for managing risk and covers insurance within this context. Concepts of risk management are presented as they apply to both business and personal situations. |
| degree in insurance and risk management: Managing Business Risk Jonathan Reuvid, 2010-02-03 Effective risk management is a vital issue to consider when looking to safeguard your company's commercial future and deal with the latest regulatory requirements. Managing Business Risk will enable your company to maintain the clearest possible controls on risks that may threaten your business, while at the same time deliver transparent reporting to your stakeholders. The book examines the key areas of risk you need to consider in today's complex and competitive business market. Drawing on expert advice from leading risk consultants, lawyers and regulatory authorities, it shows you how to protect your business against a rising tide of business risks. If you don't build risk controls into the structure of your company, from the boardroom down, then your business could be vulnerable to a number of threats - both internal and external. Identify and neutralise them now, and give your company a competitive advantage. |
| degree in insurance and risk management: Affordability of National Flood Insurance Program Premiums National Research Council, Division of Behavioral and Social Sciences and Education, Committee on National Statistics, Division on Engineering and Physical Sciences, Board on Mathematical Sciences and Their Applications, Division on Earth and Life Studies, Water Science and Technology Board, Committee on the Affordability of National Flood Insurance Program Premiums, 2015-08-06 The National Flood Insurance Program (NFIP) is housed within the Federal Emergency Management Agency (FEMA) and offers insurance policies that are marketed and sold through private insurers, but with the risks borne by the U.S. federal government. NFIP's primary goals are to ensure affordable insurance premiums, secure widespread community participation in the program, and earn premium and fee income that covers claims paid and program expenses over time. In July 2012, the U.S. Congress passed the Biggert-Waters Flood Insurance Reform and Modernization Act (Biggert-Waters 2012), designed to move toward an insurance program with NFIP risk-based premiums that better reflected expected losses from floods at insured properties. This eliminated policies priced at what the NFIP called pre-FIRM subsidized and grandfathered. As Biggert-Waters 2012 went into effect, constituents from multiple communities expressed concerns about the elimination of lower rate classes, arguing that it created a financial burden on policy holders. In response to these concerns Congress passed The Homeowner Flood Insurance Affordability Act of 2014 (HFIAA 2014). The 2014 legislation changed the process by which pre-FIRM subsidized premiums for primary residences would be removed and reinstated grandfathering. As part of that legislation, FEMA must report back to Congress with a draft affordability framework. Affordability of National Flood Insurance Program Premiums: Report 1 is the first part of a two-part study to provide input as FEMA prepares their draft affordability framework. This report discusses the underlying definitions and methods for an affordability framework and the affordability concept and applications. Affordability of National Flood Insurance Program Premiums gives an overview of the demand for insurance and the history of the NFIP premium setting. The report then describes alternatives for determining when the premium increases resulting from Biggert-Waters 2012 would make flood insurance unaffordable. |
| degree in insurance and risk management: A Community-Based Flood Insurance Option National Academies of Sciences, Engineering, and Medicine, Division on Engineering and Physical Sciences, Board on Mathematical Sciences and Their Applications, Division on Earth and Life Studies, Water Science and Technology Board, Committee on Community-Based Flood Insurance Options, 2015-10-08 River and coastal floods are among the nation's most costly natural disasters. One component in the nation's approach to managing flood risk is availability of flood insurance policies, which are offered on an individual basis primarily through the National Flood Insurance Program (NFIP). Established in 1968, the NFIP is overseen by the Federal Emergency Management Agency (FEMA) and there are about 5.4 million individual policies in the NFIP. The program has experienced a mixture of successes and persistent challenges. Successes include a large number of policy holders, the insurance of approximately $1.3 trillion of property, and the fact that the large majority of policy holders - 80% - pay rates that are risk based. NFIP challenges include large program debt, relatively low rates of purchase in many flood-prone areas, a host of issues regarding affordability of premiums, ensuring that premiums collected cover payouts and administrative fees, and a large number of properties that experience severe repetitive flood losses. At the request of FEMA, A Community-Based Flood Insurance Option identifies a range of key issues and questions that would merit consideration and further analysis as part of a community-based flood insurance program. As the report describes, the community-based option certainly offers potential benefits, such as the prospect of providing coverage for all (or nearly all) at-risk residents and properties in flood-prone communities. At the same time, many current challenges facing the NFIP may not necessarily be resolved by a community-based approach. This report discusses these and other prominent issues to be considered and further assessed. |
| degree in insurance and risk management: Risk Management and Insurance Chester Arthur Williams, Richard M. Heins, 1989 |
| degree in insurance and risk management: Recommended Contract Practices for Underground Construction William W. Edgerton, 2008 Underground construction is more complex than ever. Demand for space is increasing, new technologies are constantly evolving, and more stakeholders are asserting influence. Yet one of the most challenging and frustrating characteristics of underground construction remains: often, contract language does not account for the unique nature of building underground. Recommended Contract Practices for Underground Construction is the first industry-wide effort to improve contract procedures in more than 30 years. Commissioned by the Underground Construction Association of the Society for Mining, Metallurgy, and Exploration, this manual is an indispensable resource for contractors, consultants, suppliers, and owners anticipating underground projects. The authors suggest better practices during all stages of a project, when decisions are made that can affect the contract positively or negatively. Part one focuses on the practices and disciplines that build the foundation for effective contracts during the early phases of a project. Part two discusses best practices for contract provisions, payment mechanisms, and dispute resolution. By following these recommendations, you'll reduce the mistrust and costly disputes that often arise from the contract process. The result will be improved relationships, better contracts, and, most importantly, projects that are most cost-effective for owners and more profitable for contractors. |
Degrees Symbol (°)
In mathematics, the degree symbol is used to represent an angle measured in degrees. The symbol is also used in physics to represent the unit of temperature: Fahrenheit.
Degree (angle) - Wikipedia
A degree (in full, a degree of arc, arc degree, or arcdegree), usually denoted by ° (the degree symbol), is a measurement of a plane angle in which one full rotation is 360 degrees. [4] It is …
DEGREE Definition & Meaning - Merriam-Webster
The meaning of DEGREE is a step or stage in a process, course, or order of classification. How to use degree in a sentence.
DEGREE Definition & Meaning | Dictionary.com
Degree definition: any of a series of steps or stages, as in a process or course of action; a point in any scale.. See examples of DEGREE used in a sentence.
Degrees (Angles) - Math is Fun
We can measure Angles in Degrees. There are 360 degrees in one Full Rotation (one complete circle around). Angles can also be measured in Radians. (Note: "Degree" is also used for …
Degree symbol - Wikipedia
The degree symbol or degree sign, °, is a glyph or symbol that is used, among other things, to represent degrees of arc (e.g. in geographic coordinate systems), hours (in the medical field), …
Find Online College Degree Programs | BestColleges
Choose from the most popular majors, find a unique major, or customize an interdisciplinary degree. You can finish a bachelor’s degree in less than four years by choosing an accelerated …
DEGREE | English meaning - Cambridge Dictionary
DEGREE definition: 1. (an) amount or level of something: 2. a situation that involves varying levels of something…. Learn more.
Degree - definition of degree by The Free Dictionary
degree - an award conferred by a college or university signifying that the recipient has satisfactorily completed a course of study; "he earned his degree at Princeton summa cum laude"
Symbol, Conversion, Examples | Angle in Degrees - Cuemath
A degree, usually indicated by ° (degree symbol), is a measure of the angle. Angles can be of different measures or degrees such as 30°, 90°, 55°, and so on. To measure the degree of an …
Degrees Symbol (°)
In mathematics, the degree symbol is used to represent an angle measured in degrees. The symbol is also used in physics to represent the unit of temperature: Fahrenheit.
Degree (angle) - Wikipedia
A degree (in full, a degree of arc, arc degree, or arcdegree), usually denoted by ° (the degree symbol), is a measurement of a plane angle in which one full rotation is 360 degrees. [4] It is …
DEGREE Definition & Meaning - Merriam-Webster
The meaning of DEGREE is a step or stage in a process, course, or order of classification. How to use degree in a sentence.
DEGREE Definition & Meaning | Dictionary.com
Degree definition: any of a series of steps or stages, as in a process or course of action; a point in any scale.. See examples of DEGREE used in a sentence.
Degrees (Angles) - Math is Fun
We can measure Angles in Degrees. There are 360 degrees in one Full Rotation (one complete circle around). Angles can also be measured in Radians. (Note: "Degree" is also used for …
Degree symbol - Wikipedia
The degree symbol or degree sign, °, is a glyph or symbol that is used, among other things, to represent degrees of arc (e.g. in geographic coordinate systems), hours (in the medical field), …
Find Online College Degree Programs | BestColleges
Choose from the most popular majors, find a unique major, or customize an interdisciplinary degree. You can finish a bachelor’s degree in less than four years by choosing an accelerated …
DEGREE | English meaning - Cambridge Dictionary
DEGREE definition: 1. (an) amount or level of something: 2. a situation that involves varying levels of something…. Learn more.
Degree - definition of degree by The Free Dictionary
degree - an award conferred by a college or university signifying that the recipient has satisfactorily completed a course of study; "he earned his degree at Princeton summa cum laude"
Symbol, Conversion, Examples | Angle in Degrees - Cuemath
A degree, usually indicated by ° (degree symbol), is a measure of the angle. Angles can be of different measures or degrees such as 30°, 90°, 55°, and so on. To measure the degree of an …
