Management of Financial Risk I

Paper Code: 
MFR 322
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

To provide an in-depth knowledge on operations of financial risk in insurance.

12.00
Unit I: 

Risk: Meaning , Definition of Risk, Chance of loss vs. Risk Objective and subjective risk Financial risk: Meaning , factors affecting financial risk and causes of financial risk.

10.00
Unit II: 

Risk Analysis: Meaning, sources, Types and Measures of risk.

10.00
Unit III: 

Risk Management in Insurance: Meaning, features, Objectives and tools in Risk management. Hazards and perils in Insurance, methods of handling risk in insurance

14.00
Unit IV: 

Risk management process in Insurance :. : Identify loss exposure, Analyze the loss exposures, Select appropriate techniques for treating the loss exposures, Implement an monitor the risk management programme. Personal risk management

14.00
Unit V: 

Risk Management in mutual funds: Sources of Risks in Mutual funds, Risk return profile of investors, Concept of Diversification and Hedging.

References: 

• Karam Pal,B.S.Bodla,M.C.Garg,”Insurance Management:Principles & Practices, Deep& Deep Publications • Jyotsna sethi, Nishwan Bhatia,”Elements of banking and Insurance”,Prentice hall of India,Delhi • Rene M. Stulz ‘ Risk Management & Derivatives’ Cengage Learning , New Delhi • Prasanna Chandra “Project Planning, Implimentation & Review” Tata McGrawl-Hill, New Delhi

Academic Year: 
2018-2019
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