Risk Management University of Mumbai BMS 5th Sem Notes

Unit 1 Introduction, Risk Measurement and Control {Book}

Introduction, Risk Measurement and ControlVIEW
Definition, Risk ProcessVIEW
Risk OrganizationVIEW
Key Risks: Interest, Market, Credit, Currency, Liquidity, Legal, OperationalVIEW
Risk Management V/s Risk Measurement:VIEW
Managing Risk, DiversificationVIEW
Investment StrategiesVIEW
Introduction to Quantitative Risk Measurement and its LimitationsVIEW
Principals of Risk: Alpha, Beta, R squared, Standard DeviationVIEW
Risk Exposure AnalysisVIEW
Risk ImmunizationVIEW
Risk and Summary Measures: Simulation MethodVIEW
Duration Analysis of RiskVIEW
Linear and other Statistical Techniques for Internal ControlVIEW
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Unit 2 Risk Avoidance and ERM {Book}
a) Risk Hedging Instruments and Mechanism:
Forwards, Futures, Options, SwapsVIEWVIEW
Arbitrage TechniquesVIEW
Risk Return Trade offVIEW
Risk Return ModelVIEW
Arbitrage TheoryVIEW
System Audit Significance in Risk MitigationVIEW
b) Enterprise Risk Management:
Risk Management V/s Enterprise Risk ManagementVIEW
Integrated Enterprise Risk Management, ERM FrameworkVIEW
ERM ProcessVIEW
ERM MatrixVIEW
SWOT AnalysisVIEW
Sample Risk RegisterVIEW

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Unit 4 Risk Management in Insurance {Book}
a) Insurance Industry:
Global Perspective, Regulatory Framework in IndiaVIEW
IRDA: Reforms, Powers, Functions and DutiesVIEW
Role and Importance of ActuaryVIEW
b) Players of Insurance Business:
Life InsuranceVIEW
Non-Life InsuranceVIEW
Reinsurance, BancassuranceVIEW
Alternative Risk TransferVIEW
Insurance SecuritizationVIEW
Pricing of Insurance productsVIEW
Expected Claim Costs, Risk ClassificationVIEW
c) Claim Management: General GuidelinesVIEW
Life InsuranceVIEW
Maturity Claim, Death ClaimVIEW
FireVIEW
Motor Insurance ClaimVIEW
Calculation of Discounted Expected Claim Cost and Fair PremiumVIEW

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