This lesson will explore the issues associated with the stability of global systems and how this impacts the insurance industry. Students will gain an understanding about why we have insurance for a variety of unexpected events. They will categorise these unexpected events into the four principal global systems. There are predicted changes that affect the global systems; the topics that will be explored are international trade, decline of Human Development Index (HDI) and Global Environmental Change (GEC). Students are going to discover the challenges and provide solutions to the predicted changes for each of the global systems. Students will then apply their knowledge to how these can impact upon the insurance industry.
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