RMI1201 — Principles of Property and Liability Insurance
RMI 1201 - Principles of Property and Liability Insurance RMI 1201 - Principles of Property and Liability Insurance This course provides the foundation for the other insurance and risk management courses in the program. The course is divided into three segments: Segment A explains what insurance is, who provides it, how it is regulated, and how to measure the financial performance of insurers. Segment B describes the functions of marketing, underwriting, ratemaking, and claims, all of which are essential to providing insurance. Segment C examines the risk management process and its purpose, the elements of loss exposures, and the characteristics and provisions of insurance policies. Parallel: College Transfer (A.A. and A.S)