Includes glossary and index.

Contents: Part I: Introduction: Introduction to Risk Management and Insurance. -- Risk Perceptions and Reactions -- 3. The Economics of International Trade. Part II: Factors Shaping the Risk Environment Internationally: Societal Risk Assessment and Control: Theory and Practice. -- Catastrophe Risk Assessment: Natural Hazards -- Catastrophe Risk Assessment: Human Factors.-- Societal Risk Management and Changing Demographics. -- Regulation of Private-Sector Financial Services. -- Public-Sector Economic Security. -- The Legal Environment. -- Sociocultural Effects on Risk Management. -- Part III: Enterprise Risk Management in a Global Economy: Enterprise Risk Management. -- Internal Loss Financing Arrangements. -- External Loss Financing Arrangements. -- Risk Management for Catastrophes. -- Personnel Risk Management -- Political Risk Management -- Intellectual Property and Technology Risk Management -- -- Part IV: Insurance in a Global Economy: The Economic Foundations of Insurance -- The Nature and Importance of Insurance. -- Life Insurance -- Reinsurance -- Regulation and Taxation in Insurance Markets -- Financial Services Integration -- Part V: Conclusions: Risk Management and Insurance in a Global Economy: A Future Perspective --

Skipper & Kwon's Risk Management & Insurance: Perspectives in a Global Economy provides an in-depth understanding of international risk management and insurance, their dynamics, and the economic, social, political, and regulatory environments surrounding global risk and insurance markets