Designed to acquaint the student with the planning and administration of a worldwide corporate insurance program under conditions of uncertainty. International dimensions of risk management are surveyed. Topics include, inter alia: the structure of insurance markets internationally; the economics of international trade in insurance; the integration and globalisation of financial services; the legal environment of risk management and insurance internationally; the tax environment for insurance internationally; rationales and nature of government intervention into insurance markets worldwide; regulatory harmonisation in insurance; the demographic and social environment for insurance internationally. Deals with insurance with a focus on global risk management.