Fire Insurance | | | | Fire insurance is a contract under which the insurer in return for a consideration (premium) agrees to indemnify the insured for the financial loss which the latter may suffer due to destruction of or damage to property or goods‚ caused by fire‚ during a specified period. The contract specifies the maximum amount‚ agreed to by the parties at the time of the contract‚ which the insured can claim in case of loss. This amount is not‚ however‚ the measure of the loss. The
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health insurance that must meets certain basic requirements. Beginning in 2014‚ individuals who do not acquire health insurance will be subject to a fine. This fine will rise over time‚ reaching $895 per person or 2.5 percent of income‚ whichever is greater‚ by 2018. Beginning in 2014‚ each state is to establish an Affordable Insurance Exchange. Separate exchanges are to be established for individuals and small businesses with fewer than 50 employees. The intention is that private insurance companies
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ABOITIZ SHIPPING CORPORATION V NEW INDIA ASSURANCE COMPANY‚ LTD. [CITATION] QUISUMBING; May 2‚ 2006 NATURE Petition for review on certiorari FACTS - Societe Francaise Des Colloides loaded a cargo of textiles and auxiliary chemicals from France on board a vessel owned by Franco-Belgian Services‚ Inc. - The cargo was consigned to General Textile‚ Inc.‚ in Manila and insured by respondent New India Assurance Company‚ Ltd. - While in Hongkong‚ the cargo was transferred to M/V P. Aboitiz
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Questionnaire I‚ Pooja Mittal‚ MBA student from Gitarattan International Business School (IP University)‚ seek your cooperation in connection with the project work. The fundamental aim of this study is “Gauging the Consumption Pattern of Juices”. Your frank and sincere reply will help me understand the topic in detail and provide true results of the study. Thank you very much for spending your precious time and cooperation. Personal Details: Name
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Customer loyalty and customer satisfaction Customer Loyalty can be difficult to define given the different views that are presented within the literature. Zithaml‚ Berry and Parasuraman (1996) determine that loyalty includes a customer’s intention to stay with an organisation and that loyalty includes four elements: repurchase intentions‚ recommending the service provider to other customers‚ less complaints and tolerance of price increases. Oliver‚ (1999) provides a different definition and
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1) Aviation Insurance A) History and development of Aviation It all started when the famous renaissance painter‚ Leonardo da Vinci developed drawings and sketches of flying devices and believed that human could fly on air one day. That may seem something impossible at that time. But‚ he designed a human – powered aircraft‚ Daedalus 88 and flew 115km in 1788. In 1842‚ Englishman named Henson patented a design for a machine similar to the modern monoplane. A Frenchman‚ Alphonse Penaud made
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PROD 529 Fall 2010 Manzana Insurance: Fruitvale Branch Case Executive Summary In 1991‚ Manzana Insurance’s Fruitvale branch was suffering on many performance measures including obtaining new policies‚ retaining current policies‚ long turnaround times‚ and the accumulation of a backlog of renewal policies. There are a number of problems leading to these poor performance measures including unbalanced work load on the underwriting teams‚ department utilization‚ work prioritization‚ and some
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reaching their vision of‚ “to attract‚ retain‚ develop and deploy teams of people with energy‚ passion and skills.” When looking at the components of a mission statement‚ Standard Bank has used the components of mentioning their stakeholders/ customers - it is mentioned broadly‚ as they want to appeal to all people‚ with no emphasis on age‚ gender or race; Their market they want to achieve in‚ being financial services for South Africans and emerging markets – new potential clients and potential
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Indian Insurance Industry The Financial Services Landscape:The changes we have seen The way forward Summary and close Change: The only constant We are living in a dynamic world where nothing is constant Let us discuss the changes we have seen over the last 10-15 years Every change brings with it new opportunity In today’s module we shall be discussing about the changes we have seen in the Insurance market and the entire financial landscape Indian Insurance History
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Prudential Insurance Company for $1 billion in cash and debt. The merger created the biggest healthcare company in the United States with 22.4 million customers (Freudenheim). In July of the same year‚ Aetna had just purchased NYLCare from New York Life Insurance to become the fourth largest managed-care company‚ and it was still in the process of integrating (3-99 CV 398-H). The Prudential Health Care merger was the second big merger for Aetna that year. However‚ Prudential Life Insurance‚ wanting
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