Basics of risk management and insurance

Course objectives

The primary objective of this course:

  1. Providing students with the principles and concepts of risk
  2. Learn about the ways and methods of managing risks
  3. Learn about the technical and legal foundations
  4. Familiarity with the different types of insurance policies
  5. Learn about the functions and tasks carried out by the insurance company
  6. Learn how to choose the appropriate method of risk management



List of topics

  1. Risk: basic concepts
  2. Risk management
  3. Insurance: basic concepts
  4. Mathematical and statistical foundations of insurance
  5. Insurance premium calculation
  6. Principles of insurance contract and compensation calculation
  7. re Insurance
  8. Insurance in the Kingdom of Saudi Arabia