Insurance Science and Economics (Classic Reprint) - Softcover

Inhaltsangabe

A rigorous economic framework for risk, regulation, and practical insurance practice, this book presents insurance as a branch of economics and traces its growth from early commerce to modern public policy.

It offers a historical perspective on how law, regulation, and government supervision shape insurance today and why education for managers, agents, and administrators matters. The work frames insurance as a field that touches production, distribution, and consumption. It discusses the practical needs of the industry and the role of public policy in securing reliable contracts and fair administration. Rich with references, it aims to support research and improve understanding across both theory and practice.

• Learn how insurance is analyzed as an economic factor in production, distribution, and consumption.
• Explore the historical development of insurance law, regulation, and supervision.
• See why education in insurance is essential for managers, agents, and officers.
• Understand the relationship between public policy and commercial insurance practice.

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