BU 429

This course provides an in-depth examination and analysis of management issues within the property and liability insurance industry. Topics to be covered include the convergence of the insurance and capital markets, underwriting problems, reinsurance, risk transfer and securitization of risk, catastrophe risk as an 'alternative investment', cost of capital, investment issues, impact of investment income on pricing and solvency issues. <br> <br><font color="crimson">