FINC 453 — Elements of Risk and Insurance
Finance · University of Ghana
This course aims at providing the participant with a very clear understanding of the concept of risk, particularly in insurance business practice. It offers the student an appreciation of the issues involved in the determination of the portfolios of risks, as well as the evaluation and the pricing of risks. Specific topics include: concepts of risk, the technical unit and the portfolio of risks, classification of risks, measurement of risk, risk and the law of large numbers, insurability of individual risks and insurance premium calculation.
- Credits
- 3
- Level
- Level 400
- Semester
- Semester One
Other courses on this programme
- FINC 401 — Investment Fundamentals
- FINC 402 — Monetary Theory
- FINC 403 — Bank Management
- FINC 404 — International Finance and Banking
- FINC 405 — Banking Operations
- FINC 406 — Financial Markets
- FINC 407 — Labour Economics
- FINC 408 — Microfinance
- FINC 451 — Introduction to Actuarial Science
- FINC 452 — Property and Pecuniary Insurance
- FINC 454 — Assurance of the Person
- FINC 455 — Insurance of Liability
Practising FINC 453 with Questora
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Start freeCourse details from University of Ghana Volume 2 Handbook for the Bachelor's Degree: Course Descriptions for Programmes in the Humanities (2017).