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Understanding the Insurance Industry: An overview for those working with and in one of the world's most interesting and vital industries.
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An Overview for Those Interested In the Insurance Industry. A.M. Best Company publishes Understanding the Insurance Industry to provide an explanation of how the insurance industry operates, generates revenue and provides opportunities for people of a wide range of talents and interests. It’s designed to provide readers with an overview of the insurance industry, particularly how it operates in the United States. It’s also designed to be an easy-to-follow introduction to the insurance industry for students, new employees, prospects and those who would like to learn more about one of the world's most interesting and important financial service industries. We’ve designed this book in six sections: the overview, property/casualty sector (also known as nonlife insurance), life, health, reinsurance and alternative risk transfer, and the function of A.M. Best in the industry.
- Sales Rank: #41832 in Books
- Published on: 2014-10-31
- Dimensions: 10.00" h x .16" w x 7.00" l,
- Binding: Paperback
- 64 pages
About the Author
A.M. Best Company is a global credit rating agency with a unique focus on the insurance industry. Insurance professionals, brokers, regulators and consumers refer to Best's Credit Ratings as an opinion of the financial strength and creditworthiness of risk-bearing entities and investment vehicles
Most helpful customer reviews
13 of 14 people found the following review helpful.
Good Start
By 951Jimbo
I don't know where I got this but it just showed up in the mail one day. It is a great, but short, guide to the insurance industry. As an agent for Farmers Insurance I already knew 95% of the material, but it would be a great book for someone new to the industry. It wont teach you to sell, adjust, or underwrite, but it will help you understand key terms and concepts very well. If you want to break into the industry it would be a good read so that you don't look ignorant in a job interview.
9 of 10 people found the following review helpful.
An excellent book to read for those with a limited knowledge of how insurance works.
By Amazon Customer
An easy read, but it is more for those individuals who have a background in insurancel. Since I have both an intreest professionally and personally in the field, it is a well written publication. It is purely made for those with a limited background or those new to the insurance industry. I would say it is one of the best basic introductory to insurancce books I have ever read.
4 of 4 people found the following review helpful.
Good information
By MCarmona
A lot of great and useful information for those new to the insurance industry. I just started working at Farmers and has helped me a lot.
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