W. Jean Kwon

Risk Management and Insurance Perspectives in a Global Economy

Harold D. Skipper (d. 2022) and W. Jean Kwon
Published in 2007 by John Wiley & Sons

This book, published in 2007, provides an in-depth understanding of international risk management and insurance, their dynamics, and the economic, social, political, and regulatory environments surrounding global risk and insurance markets. It covers risk management and insurance issues, where possible, fundamentally (rather than country-specific) and is not time-sensitive. Email your name, institution, and course information to KwonW@stjohns.edu for lecture slides (PowerPoint).

We also make available Appendix Chapters free to anyone. This set of chapters is U.S.-specific and deals with personal risk management and insurance. The topics covered include personal risk management, U.S. legal aspects of insurance, personal property loss exposures, personal liability exposures, loss of health, loss of life, and retirement. Click here or the book picture to download it.

Reinsurance Technical Accounts for Professionals: Conceptually and Practically

W. Jean Kwon
Published in 2025 by the Singapore College of Insurance

This book covers technical accounting matters in (re)insurance. Chapter 1 discusses the conceptual and legal principles in (re)insurance, uses of (re)insurance in the private and public sectors, and traditional and non-traditional arrangements in the industry. Chapter 2 describes premiums, losses, sessions and retentions, and reinsurance programs. Chapters 3 and 4 are for an in-depth examination of the account matters in proportional and nonproportional (excess-of-loss) reinsurance. Chapter 5 describes technical issues in managing losses and retentions in reinsurance. Chapter 6 is for financial matters and regulation, followed by financial and operational performance analysis (with cases) of (re)insurance companies. Chapter 7 is a short essay about "Society, the Modern Economy, the Environment, and Insurance and Reinsurance."

Michael Morrissey (former president & CEO, the International Insurance Society). This book “is the most comprehensive and lucid treatment of reinsurance I've yet seen. It offers a thorough understanding of its functions, limitations, and role in this rapidly evolving industry. This tour de force offers not only detailed examples of how reinsurance policies and programs work but, perhaps surprisingly for an academic publication, some truly thought-provoking insights into the role of insurance and reinsurance in the modern economy.”
Karel van Hulle (former Head of Insurance and Pensions, European Commission, and former member of the Technical Committee of the IAIS). "This book is long overdue... and is very complete and translates the technical language of reinsurance into understandable messages...."
James Vickers (Retired, Gallagher Re International). "An invaluable and practical guide to technical reinsurance accounts for professionals at an intermediate and advanced level, filling a gap in the available reinsurance educational literature.”

Greenberg School of Risk Management

Asia-Pacific Risk and Insurance Association

Asia-Pacific Journal of Risk and Insurance

World Risk and Insurance Economics Congress (WRIEC)

Center for the Study of Insurance Regulation

Collegiate RMI Education Survey