REINSURANCE IN INDIA Until GIC was notified as a National Reinsurer‚ it was operating as a holding / parent company of the 4 public sector companies‚ controlling their reinsurance programmes. GIC would receive 20% obligatory cession of each policy written in India. Since deregulation‚ GIC has assumed the role of the market’s only professional re-insurer. In order to focus on reinsurance‚ both in India and through its overseas offices and trading partners‚ GIC has divested itself of any direct business
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Catastrophe Bonds By Kirill Graminschi The trouble with Catastrophe Bonds The article presents the difficulties insurance companies face when they are issuing catastrophe bonds. Do they efficiently hedge against large-scale disasters? It is very difficult hedging against catastrophic losses. Japan’s March earthquake‚ tsunami and nuclear disaster threat could cost the insurance industry between $21 and $34 billion. The catastrophe bonds are not helping much the insurance companies‚ although
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A new study 50-Year Trends in Smoking-Related Mortality in the United States published in the New England Journal of Medicine revealed that women’s death rates from smoking have caught up to those of men. The study showed that women’s risk of death from smoking-related illnesses is now equivalent to that of men. The researchers also found that‚ while lung cancer risk leveled off in the 1980s for men‚ it is still rising for women. The researchers measured trends in mortality during three time periods
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An Explanation of the Legal Reserve System The economic challenges that we face in today’s world have become second only to the great depression. The recent collapses of banks and large corporations in our country have made people scramble for a place that has security. We are asked often‚ "Where can we place assets that provide safety and security in uncertain times"? One place that should be considered is life insurance companies that have a Legal Reserve classification. Life companies that comply
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Reinsurance in Bulgaria‚ Key Trends and Opportunities to 2017 Published on 2nd APR. 2014 The Bulgarian reinsurance segment grew at a review-period CAGR of 2.8%. The gross written premium is expected to grow at a forecast-period CAGR of 2.6%. During the review period‚ the non-life segment ceded the highest percentage of premium in the industry with 17.7% of premium ceded in 2012. Synopsis The report provides in depth market analysis‚ information and insights into the Bulgarian reinsurance
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Assignment on Service Marketing “Consumer buying behavior in Services like- Banking‚ Heath‚ Insurance ad Recreation” Submitted to Shahin Ahmed Chowdhury Assistant Professor Department of Marketing University of Dhaka Submitted by Group- “Scintilla” Number Name Roll 1 Md. Jahander Ali 038 2 Kamrul Islam 126 3 Rifat Hasan 128 4 Israt Jahan 142 5 Faiza Noshin Rahman 182 Date of Submission- 24/08/2014 Consumer behaviour is the study of individuals‚ groups‚ or organizations and the processes
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University of Illinois at Urbana-Champaign College of Business- Department of Finance Finance 590 - ERM D’Arcy -Vonnahme Spring 2005 Case Study Number Two - United Grain Growers (UGG) Assignment Due Date: April 5‚ 2005 Read “Enterprise Risk Management: The Case of United Grain Growers” by Scott Harrington‚ Greg Niehaus and Kenneth Risko‚ Journal of Applied Corporate Finance‚ Winter 2002. Refer to Table 27.1 on page 594 of Risk Management and Insurance‚ Second Edition‚
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CURRICULAM VITAE SANDEEP DHINGRA # F-222‚ Subhash Gate‚ Karnal-132001 Mb. 91+9896335364 E-mail: sandeepdhingra_ji@yahoo.co.in sandeepdhingra_ji@yahoo.co.in POST DESIRED : According to my qualification & your Views about me OBJECTIVE : To work hard & to reach the Highest Position by my hard work & will leave no stone unturned if given a chance. QUALFICATION ❖ B. A with Mathematics from Kurukshetra University
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Assessment Task 4 BSBRSK501A Manage risk Prompt questions 1. What are three ways that research can be conducted for risk-related issues‚ and for each way‚ briefly describe how it may be done. Qualitative analysis may be useful as an initial screening to identify if further analyse of risk is required‚ when the analysis is appropriate for decisions‚ when numerical data or resources are inadequate. Semi-quantitative analysis sets values to the risks in order to produce a more
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Bank of Japan Working Paper Series Banks’ Stockholdings and the Correlation between Bonds and Stocks : A Portfolio Theoretic Approach Yoshiyuki Fukuda* yoshiyuki.fukuda@boj.or.jp Kazutoshi Kan** kazutoshi.kan@boj.or.jp Yoshihiko Sugihara*** No.13-E-6 March 2013 Bank of Japan 2-1-1 Nihonbashi-Hongokucho‚ Chuo-ku‚ Tokyo 103-0021‚ Japan * ** *** International Department (ex-Financial System and Bank Examination Department) Financial System and Bank Examination Department Personnel
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