This compact course will be taught by Prof. Hwan-sik Choi on Monday–Wednesday, May 27–29, 2024, 9:00–12:20, in room 314.

The final written exam will be held on Thursday, May 30, 2024, 9:00, in room 109 (tentative, may still be modified).

Day 1:
- Risk Identification - Risk management process, methods, hedging and diversification
- Objective of risk management
- Identification of risk
- Measurement of risk (statistical methods)

Day 2:
- Measurement of Risk (continued)
- Pooling arrangement and diversification of risk

Day 3:
- Insurer ownership, financial and operational structure
- Insolvencies, and solvency ratings
- Insurance pricing and demand
- loss control