Monday, June 24, 2019

CGU/NRMA Insurance Learning Activities Edition 8 Featured

NRMA INSURANCE & CGU

LEARNING ACTIVITIES

Topic(s)

  • Risk management
  • Natural disasters
  • Sustainability
  • Insurance industry

 

Case Study(ies)

CGU & NRMA Insurance – Insurance and weather in Australia

 

Suggested student activities

 

 

 

 

 

 

 

 

 

 

 

 

 

Extension Activities

Read ‘CGU & NRMA Insurance – Insurance and weather in Australia’ Case Study and answer the following questions:

 

  • Why is risk management important?
  • What is ‘price signal’?
  • Identify at least three ways extreme weather events have a significant impact on the insurance industry?
  • What is meant by ‘ethnographic research’?
  • Why is it important to make Australian communities more resilient to natural disasters?
  • What is the most effective way to safeguard against floods?
  • Define ‘underwriting’.

 

·         Research flood zones in your local area or any city in Australia/New Zealand. Present a map highlighting flood prone areas.

·         Prepare a chart or diagram showing ways to protect your house against bushfires.

 

 Links

http://www.nrma.com.auhttp://www.nrma.com.au

http://www.cgu.com.au/http://www.cgu.com.au/

 

 

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