The course content addresses the following topics:
- The concept of risk and utility.
- Insurability, physical and moral hazards.
- Collection and interpretation of data.
- Introduction to risk management.
- Determination of premiums.
- Historical development of insurance.
- Insurance contract.
- Introduction to insurance law.
- Liability risks and insurance
- Insurance policies and life insurance
- Long term business.
- Statutory risk funds.
- Organisation and administration of insurance companies.
- Protection and indemnity clubs.
- American insurance exchanges, captive insurance companies, SASRIA, insurance intermediary.