Principles of Risk Management and Insurance, Global Edition (14th Edition) is a cornerstone resource for understanding the dynamic field of insurance and risk management. Authored by George E. Rejda and Michael J. McNamara, this edition equips students and professionals with foundational concepts, advanced theories, and practical applications in managing risk. The text emphasizes the importance of insurance in personal and commercial contexts, delivering a comprehensive overview of risk assessment, mitigation strategies, and industry practices.
 
This globally acclaimed edition is tailored for a diverse audience, incorporating real-world examples, the latest policy developments, and robust analytical tools to help readers grasp complex topics. Whether you're exploring the basics of risk identification or delving into detailed insurance mechanisms, this book is an invaluable guide.
 
About the Authors
 
George E. Rejda is a renowned scholar in risk management and insurance, contributing decades of expertise to the field through teaching, research, and writing.
 
Michael J. McNamara is a seasoned academic and practitioner, bringing practical insights to complement theoretical frameworks, ensuring a balanced and accessible approach to learning.
 
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