1. The company I chose is

2.

3. Turn in your selection typewritten, on February 6, 2012.Companies not on this list must be pre-approved in order to receive credit.You may also select from one of the six books on the attached list but must have my approval of any one of the six.

4. After reviewing the website, annual report and 10K, prepare a complete list of exposures to loss for your selection.

5. Using the information on the website, discuss insurance rules and regulations in the countries in which they operate outside the United States.Should your firm have no operations outside the United States, use Germany or France.

6. Avail yourself to the Handbook of International Insurance which is available in my office and at the reserve desk at the U of H library and online and address at least one ofthe counties contained in that book-Japan, UK, France, Germany, Italy, Canada, Netherlands, Spain, Ireland, China , India, South Africa, Brazil and South and East Asia.Describe and include insurance operations in at least one country firm operates in.

7. As we will discuss in Chapter 17, Political risk is a significant exposure for all companies operating outside of the United States.Refer to Table 17.1 page 434 of the text and utilizing only the websites listed, investigate the political risk exposure in at least two of the countries your firm operates in and include that information in detail in your report.

8. Examine the many risks you have complied in item 3, including which you would retain and why and which and how you would transfer via insurance.

9. Summarize all your findings in a final report accompanying all the several items and submit it on April 21, 2012.This report must be prepared in strict report form and must be at least 6pages in length plus cover page and bibliography or works cited.

In order to be complete, the report must include at minimum the following:

· List of risks and exposures

· How these could be or should be managed, that is retained, transformed via insurance or some other method.

· Specific information and examination of operations in countries other than the United States.That should include specific issues about insurance availability and regulation. (item 4 & 5)

· Specific information on political risk exposure gathered from, and identified, one or more of the websites listed in Chapter 17.

· Make use of the website for your firm for development during months/years that could or do impact operations.

· Be extremely careful with use of zeros in millions and billions of $’s.

10. These reports will be graded and returned to you on or before this final.You must work individually.

11. Your insurance discussion should address the requirements in that country, admitted vs. non admitted and a brief description of the rules you read.Do not over state the role of insurance for your firm and tie in, if you can, the role of the broker in this discussion