Introduction to Insurance At University Of Ghana
The main objective of this course is to provide students with basic knowledge about fundamental
issues in insurance. These include the development of insurance, the ability to explain the concept of
insurance and to distinguish this from similar institutions. Insurance will also be examined within the
general framework of the risk management process. This course also aims at examining the
insurance market, including those determinant factors which impact on the behaviour of the market
participants. Specific topics include: the History of Insurance, the Concept of Insurance, Micro- and
Macro-economic Functions of Insurance, Insurance as an Instrument of Risk Management, Insurance
Markets and Competition, Control and Supervision of Insurance, Insurance Companies, Mergers and
Acquisitions, and Insurance Concerns and Insurance Cartels.