Insurance and Risk Management  SOLVED PAPERS AND GUESS

Product Details: Rohtak   UNIVERSITY Insurance and Risk Management

Format: BOOK

Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM

Publisher: MEHTA SOLUTIONS

Edition Description: 2021-22

RATING OF BOOK: EXCELLENT

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If you find yourself getting fed up and frustrated with other Rohtak   UNIVERSITY book solutions now mehta solutions brings top solutions for Rohtak   UNIVERSITY Insurance and Risk Management REPORT book contains previous year solved papers plus faculty important questions and answers specially for Rohtak   UNIVERSITY .questions and answers are specially design specially for Rohtak   UNIVERSITY students .

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Insurance and Risk Management

UNIT-I
Insurance-Concept, Nature, Classification-Life and Non-life, Functions, Importance and Principles of Insurance; IRDA Act 1999 - Organization, guidelines for life and Non-life insurance.
UNIT-II
Life Insurance -Concept; Public and Pvt. Sector companies in India - their products, schemes and plans; LIC Act 1956-An overview. General Insurance - Concept, Types; Public and Pvt. Sector companies in India - their
products, schemes and plans. Motor Insurance and Health Insurance in India.
UNIT-III
Bases and mechanism for Insurance Premium calculation; Distribution channel in Insurance-Introduction, Individual Agents-Appointment, functions, code of conduct and remuneration; Claims settlement in Life
Insurance and General Insurance.
UNIT-IV
Risk and its Management: Objectives of Risk Management, Risk Identification and Measurement, Risk Pooling Arrangements and Diversifications, Process of Risk Management. Risk Management and Shareholder’s Wealth. Risk Pricing. Process of Risk Control, Loss Prevention, Techniques of Risk Retention and Reduction.