Udemy
UdemyActuarial Science For Non-Actuaries
4.7(1,064)3k studentsBEGINNEREnglish
Korshub's take
How Insurance Really Works
You likely have insurance, but do you understand where your premiums go or what insurers do with them? This course pulls back the curtain, taught by an industry insider, walking you through the core mechanics that power the entire insurance economy: the pooling concept, how reserves are built, accounting standards, and the role of annuities and investments. It's a rare chance to understand financial risk management from someone who works inside the small actuarial profession that governs it.
- Follow premiums from payment to claim settlement
- Understand insurance reserves and industry accounting
- See how annuities and investments support the system
About this course
You probably have some insurance, in fact you probably have to, but how does it really work? Where do your premiums go? What does an insurer do with them?
In this course we'll see how the prices paid for insurance become claim payments and add to the economy.
From the pooling concept to reserves, expenses, landmark accounting standards, and annuities with their investments you'll learn the concepts from an industry insider with the small actuarial profession that deals with the finance of insurance.
Price
$44.99
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