Chapter 1:History ……………………………………………………………..2 -Insurance Business -India’s Insurance Business Chapter 2: Insurance sector reforms…………………………………………4 Chapter 3: IRDA……………… ……………………………………………….5 -History -Powers‚ Duties & Functions Chapter 4: Non –Life Insurance companies…. ……………………………8 Chapter 5: General Insurance Products …………………………………….9 Chapter 1 History of Insurance Business Insurance probably made a beginning in the ancient land of Babylonia
Premium Insurance
Life insurance is becoming more and more popular with many people now realizing the importance and the benefits of a good life insurance policy. There are two main types of popular life insurance‚ both of which offer a range of invaluable benefits to consumers. Level term life insurance is the most popular type of life insurance policy with consumers‚ and this may be because it is also the cheapest form of insurance. With level term insurance‚ you and your family can enjoy peace of mind at an
Premium Term life insurance Insurance
Question 2 Exchange Control refers to governmental regulation of the conversion of currencies‚ the purchase of foreign coin or gold‚ and the transfer of funds between countries . Common exchange controls include banning the use of foreign currency and restricting the amount of domestic currency that can be exchanged within the country. Exchange Controls impacts on the economy include the following; The downward trend of rate of exchange against major trading currencies; this control lead
Premium Currency Investment Exchange rate
SERVICES OF THE STOCK EXCHANGES 1. SERVICES OF THE INVESTORS Inventors in the country are important component of secondary market. In stock market stock exchange provides the following services to their investors: Liquidity to their investment is ensured by enabling them to sell securities whenever they need liquid funds. Information about the price of securities listed on the exchange through daily quotations. Safety & security to the transactions entered into by the investors in the market
Premium Stock exchange Stock market Investment
The Columbian Exchange is the exchange of plants‚ animals‚ food‚ and diseases between Europe and the Americas. In 1492‚ when Christopher Columbus came to America‚ he saw plants and animals he had never seen before so he took them back with him to Europe. Columbus began the trade routes which had never been established between Europe and the Americas so his voyages initiated the interchange of plants between the Eastern and Western Hemispheres‚ which doubled the food crop resources available to people
Premium United States Indigenous peoples of the Americas Christopher Columbus
Chapter 1 – Introduction Review of commercial risk management process Identify potential risk control solutions for a few loss exposures Introduce the structure of commercial property insurance policies Review some concepts from FIL 250 Four Types of Loss Exposures All organizations are faced with loss exposures or possibilities of accidental loss Loss exposure: identify assets- it may decline in value‚ actual cause of loss “peril”‚ financial consequences- value of the property;
Free Insurance Risk management
The Columbian Exchange “Christopher Columbus sailed the ocean blue in 1492” is a common expression used today about the discovery of the Americas. What happens after the discovery of the Americas? Transculturation. This is the mixing of cultures in which both sides change in one way or another (Murphy‚ 1-14-13). The Columbian Exchange happened when people from Europe and Africa settled into Latin America and the Caribbean after the discovery of the Americas. The Columbian Exchange brought over diseases
Premium Spain Christopher Columbus Americas
Medium of exchange is what a buyer uses to purchase either a good or service from a seller‚ in most cases this is going to be money. Money is an accepted medium of exchange because we know that we will be able to obtain goods and services if we have the money to purchase them. Unit of account is used to measure and record economic value. This means that we use this when the amounts will be measured in dollars and not the quantity of goods. The store of value is when someone will keep the money that
Premium Money Currency Measurement
DISSERTATION REPORT ON Marketing of General Insurance Products (with special reference to Iffco- Tokio General Insurance) SUMITTED IN PARTIAL FULFILLMENT OF THE RQUIREMENT OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION H.N.B. GARHWAL UNIVERSITY SRINAGAR‚ GARHWAL SUBMITTED BY: SUBMITTED TO: Vaibhav Joshi Ms. Prapti Tandon MIB IVth Sem Faculty of IMS MIB06037 INSTITUTE OF MANAGEMENT STUDIES‚ DEHRADUN CERTIFICATE I have the pleasure in certifying that Mr
Premium Insurance
The Columbian Exchange is a term that titles the atlantic trade routes and the trading between the “Old World” and the “New World” from the 1500s to the 1700s. The Columbian Exchange connected Europe with Africa and the New World. Food‚ animals‚ people and weapons‚ and crops like tobacco were traded across the atlantic‚ as was diseases. With the recent discovery of the new world the Europeans took advantage of the new resources amongst the New World‚ and the New World begin benefiting from the Columbian
Free United States Europe New World