PART 1 RISK AND THE RISK MANAGEMENT PROCESS
1 Introduction to Risk
The Burden of Risk
Definitions of Risk
Sources of Risk
Measurement of Risk
Management of Risk
2 Risk Identification and Evaluation
Risk Identification
Risk Evaluation
Accuracy of Predictions
3 Property and Liability Loss Exposures
Property Loss Exposures
Liability Exposures
Types of Liability Damages
Criminal and Civil Law
Torts
Basic Law of Negligence
Defenses Against Negligence Claims
Factors Leading to Higher Standards of Care
Types of Liability Exposures
Miscellaneous Liability
4 Life, Health, and Loss of Income Exposures
Exposures Due to Premature Death
Exposures Due to Loss of Health
Other Income Loss Exposures
5 Risk Management Techniques:
Noninsurance Methods
Risk Avoidance
Loss Control
Risk Retention
Risk Transfer
The Value of Risk Management
6 Insurance as a Risk Management Technique: Principles
The Nature of Insurance
Principle of Indemnity
Principle of Insurable Interest
PART 2 COMMERCIAL RISK MANAGEMENT APPLICATIONS:Property-Liability
PART 3 PERSONAL RISK MANAGEMENT APPLICATIONS:Property-Liability
PART 4 RISK MANAGEMENT APPLICATIONS:Life,Health.and Income Exposures
RART 5 THE RISK MANAGEMENT ENVIRONMENT
GLOSSARY