Introduction Insurance in Kenya is known to have been in existence for over sixty years now with the first insurance companies believed to have been owned by British insurers during the colonial times. The industry is governed by the Insurance Act and regulated by the Insurance Regulatory Authority. The Insurance Regulatory Authority (IRA) was created by the Insurance (Amendment) Act of 2006 and came into operation on 1st May 2007. The Authority was established with the mandate of regulating‚ supervising
Premium Insurance Economics
Introduction: Bao Viet is one of the most popular insurance company in Vietnam. It was established in 1964. With a strong and prestigious trademark in insurance industry and a network throughout 64 provinces nationwide‚ Bao Viet has become the leading financial-insurance group in Vietnam. In 2007‚ Bao Viet launched its Initial Public Offering and became a multi-business financial group. I. The mission‚ values and objectives of Bao Viet enterprise and the influences of stakeholders: To
Premium Insurance Corporation Vietnam
FDI in Insurance Introduction The insurance sector in India used to be dominated by the state-owned Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries. But in 1999‚ the Insurance Regulatory and Development Authority (IRDA) Bill opened it up to private and foreign players‚ whose share in the insurance market has been rising. As a part of overall financial sector reforms‚ the Government set up the Committee for Reforms in the Insurance Sector in 1992. In its
Premium Insurance Investment Economics
Introduction Economic policymakers in most countries go out of their way to attract foreign direct investment (FDI). A high level of FDI inflows is an affirmation of the economic policies that the policymakers have been implementing as well as a stamp of approval of the future economic health of that particular country. There is clearly an intense global competition for FDI. India‚ for its part‚ has set up the “India Brand Equity Foundation” to try and attract that elusive FDI dollar
Premium Investment Economics Foreign direct investment
Prospects for Evolution of Takaful in the 21st Century by Omar Fisher and Dawood Y.Taylor | | (Copyright and reserved by Fellows and President of Havard University‚ Mass ‚ USA . April 2000) | | | | | | | | | | | | | | | | | | | | Introduction | | According to the world Bank Development Report 2000‚ the earth’s human population is approaching 6 billion‚ of which upwards of 25% are practicing Muslims who adhere to one of the ancient Abrahamic faiths-Islam
Premium Sharia Islamic banking Insurance
HEALTHCARE PAYMENT EXPECTATIONS Unit 1 Individual Project Tina Nguyen HLTH420 – Healthcare Finance November 7‚ 2012 Abstract This research paper will explain the payment expectations of government‚ commercial‚ and liability insurances‚ as well as self-pay/cash pay patients. An in depth explanation of how they differ‚ such as rules‚ will be made. This report will help readers understand the different types of programs in bill collecting‚ and account and project financial expectations.
Premium Insurance Health insurance Health care
ACROPOLIS FACULTY OF MANAGEMENT & RESEARCH SYNOPSIS FOR THE MAJOR PROJECT REPORT TOPIC “A study on consumer perception towards health insurance companies and products with special reference to claim rate” Guided By: Submitted By: Dr. Jitendra Sharma Neha Sharma Finance and HR MBA (III-Sem)
Premium Insurance
Problems & prospects of insurance in Bangladesh Prospects: There should be vigorous campaign through out the country to make the people aware of the utility and prospects of buying insurance. Bangladesh is a densely populated country and most of the people in our country are poor. They would definitively go for insurance for the security and the risks covered by the insurance. Therefore‚ the prospects of Insurance are very high in Bangladesh if the following measures can be adopted. First
Premium Insurance
NATIONAL HEALTH INSURANCE SCHEME WHAT IS THE MAJOR GOVERNMENT POLICY ON HEALTH FINANCING IN GHANA? The Government is to replace the existing ‘Cash and Carry’ health financing system with a National Health Insurance Scheme. WHY? Because the current ‘Cash and Carry’ System‚ which makes it compulsory for everybody to pay money immediately before and after treatment in our hospitals/clinics etc.‚ is not within the means of most Ghanaians and many are not going to our hospitals and clinics resulting
Premium Health economics Health care Medicine
a flood insurance plan. In the year 2005 the National Flood Insurance Plan (NFIP) had paid out close to 16 billion. The premiums paid by the 5 million have only surmounted to 2 billion‚ therefore the NFIP has the ability to reach out to the US Treasury. With the US Treasury enabling the NFIP to meet its financial obligations‚ the financial obligations are becoming the obligation of the taxpayers (GAO‚ 2005) (Wells‚ 2005). The goals of the NFIP are “to provide property flood insurance coverage
Premium Insurance Risk