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Assignment - You will post a thoughtful and researched response to discussion questions.
Question: A World Without Reinsurance
Discuss (and in your classmate response posts, debate) what the world economy would look like without reinsurance. Just imagine that the insurance industry exists and sells policies for all sorts of property and casualty exposures, but for whatever reason, world governments have prohibited reinsurance transactions. How would the insurance industry and the world economy be different in a world without reinsurance?
[Hint: Examine the purposes and functions of reinsurance closely, and then extrapolate the absence of this capability to the industry and world economy.]
Attachment:- Assignment File.rar
Discussion Forum Instructions - There are two parts to your online discussion obligation: Initial Response Post - Research and then respond to the assigned discussion question by the end of Day 4 of the week. Participation Posts – Read and respond (substantively and meaningfully) to at least two of your classmates’ posts by the end of Day 7 of the week, but preferably earlier.
Well developed ideas. Introduced new ideas/perspective. Supported idea(s) with new example(s). Post includes at least one secondary resource to support response. Clearly addresses key issues, problems, and questions. May include unique insight. Less than 2 errors in grammar, punctuation, spelling, and/or APA requirements. At least 2 substantive posts that support, challenge or answer the content of a previous post by: Providing an example (personal or researched) that illustrates the key points and includes at least one secondary resource to support response. All questions responded.
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