[ARCHIVED CATALOG] 2016-2017 Graduate Academic Catalog

Nov 22, 2024

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[ARCHIVED CATALOG] 2016-2017 Graduate Academic Catalog [ARCHIVED CATALOG]

RMI 510 - Finance and Accounting for Insurance Professionals

3 credit hours

This course demonstrates how corporate finance and accounting methodologies are effectively applied to property-casualty insurers. Basic corporate finance and accounting techniques such as financial statement analysis, cash flow valuation, bonds, stocks, portfolio management, capital management, and mergers and acquisitions are introduced. Specialized insurance financial techniques such as the underwriting cycle, insurer statutory accounting, insurer statutory annual statement analysis, and insurer capital needs and sources are presented. Personal financial planning topics including life insurance, disability insurance, health insurance, retirement, estate, and income tax planning are taught. Personal risk management topics including auto, homeowners, and personal liability insurance coverage are included. Investment basics and personal line portfolio