The inability to achieve desired results often prompts a search for underlying causes, with risk being a primary reason for failing to meet objectives. This necessitates a method to protect goals from risks and compensate for any resulting losses. Insurance provides the ideal solution for managing the major risks faced by individuals, communities, and corporations by transferring these risks entirely to insurance companies. These companies utilize the principle of pooling to distribute the risks of a few across a larger group and apply the law of large numbers to mitigate their potential losses.

This book is founded on the theoretical and philosophical concepts of risk management and insurance, enhanced by practical expertise. It aims to enrich the Arabic library with new insights that expand the understanding of this critical field. The author employs a scientific and academic approach, structuring chapters to present the core principles and philosophy of risk management and insurance, drawing from a wide range of Arabic and international sources.

The book serves as a valuable resource for specialists in government institutions, private companies, risk departments, and insurance firms, offering guidance on how to effectively manage risks and cover losses. It also empowers individuals to select appropriate hedging strategies against personal risks.

Comprising thirteen chapters, this book stands out for its comprehensive explanation of the philosophy behind risk and insurance, complemented by practical applications. The content covers:

• Chapter 1: Basic concepts and sources of risk.
• Chapter 2: The detailed relationship between insurance and risk.
• Chapter 3: The subject of risk management.
• Chapter 4: Risk management in institutions.
• Chapter 5: Types of insurance companies and marketing systems.
• Chapter 6: The insurance sector and its regulations in Saudi Arabia.
• Chapter 7: Legal principles of the insurance contract.
• Chapter 8: Life insurance.
• Chapter 9: General insurance (fire, marine, auto, aviation, theft, and professional liability).
• Chapter 10: The importance of civil liability insurance.
• Chapter 11: Reinsurance.
• Chapter 12: Insurance in Islamic Sharia.
• Chapter 13: Global experiences in insurance.

Book Details:

• Number of Pages: 376
• Year of Publication: 2026
• Binding: Hardcover
• Edition: 2
• Printing Color: Black
• Size (cm): 17x24
• Weight (kg): 0.800
• Barcode: 9789957971755