INTRODUCTION Life Insurance is a contract between two parties‚ an insurer and an insured‚ where the insurer agrees to pay a designated amount upon the death of the insured for a premium. HISTORY The history of life insurance industry dates back to year 1818‚ in which the first Indian Life Insurance company‚ Oriental Life Insurance Company was started. In 1928‚ the Government of India enacted the Indian Insurance Companies Act which was later modified in 1938 (Insurance Act‚ 1938) to protect
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National Insurance Company Limited (NICL) is one of the largest and fastest growing general insurance companies in India. The company headquartered Kolkata was established in 1906‚ and nationalized in 1972.[1][2] Contents [hide] * 1 History * 2 Company Profile * 3 Products and services * 3.1 Awards * 4 References | Public-sector undertaking | Industry | Insurance | Founded | 1906 | Headquarters | Kolkata‚ India | Area served | South Asia | Total assets | INR 88.67 Billion
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Aviva: Let’s Change Insurance Institute of Communication Agencies Bronze‚ Canadian Advertising Success Stories‚ 2010 Title: Source: Issue: Aviva: Let’s Change Insurance Institute of Communication Agencies Bronze‚ Canadian Advertising Success Stories‚ 2010 Aviva: Let’s Change Insurance EXECUTIVE SUMMARY Business Results Period (Consecutive Months): April-September 2008 Start of Advertising/Communication Effort: April 2008 Base Period for Comparison: April-September
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The whole point of having proper insurance is to minimize the risk of bad things happening to us. In some cases‚ having insurance is very good. There are some insurances that almost all of us should have. These are things like car insurance‚ health insurance‚ term life insurance and long term disability insurance. They will prevent you from being had financially in the event that san emergency of multiple sorts happens. It makes sense to insure yourself for things that are likely to happen‚ but it
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Admiral car insurance review Admiral is a car insurance specialist which offers single and multicar insurance. The company’s insurance goal is to help their customers save time and money‚ also providing legal covers‚ 24 hour roadside emergency accident helpline as well as personal injury cover. Characteristics a) Products The first aspect when reviewing the Admiral Car insurance is the range of products. The company offers a wide range of benefits‚ suited for all kind of drivers. Firstly‚ it
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1.How is the Fruitvale Branch doing? How the branch is doing according to key external performance measures-financial performance‚ turnaround times‚ late renewals‚ and renewal rates. Fruitvale encounters a significant loss of business due to late renewals‚ and long lead times on new policies and quotes. From the following perspectives‚ we can have a better view of what Fruitvale Branch’s problems are:Financial performance: Profitability is declining. It suffered a loss of $174 and $121 in 1st and
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1.1 : INTRODUCTION. This study is about direct marketing that used by Takaful Insurance. Takaful is a co-operative system of reimbursement in case of loss‚ paid to people and companies concerned about hazards‚ compensated out of a fund to which they agree to donate small regular contributions managed on behalf by a Takaful Operator. Direct marketing is a form of marketing that attempts to send messages directly to consumers‚ without the use of intervening media. The main principles of direct marketing
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P&I insurance (Protection and indemnity insurance) is an insurance of liability and certain other losses arising in connection with the ships operation. P&I clubs exits to arrange collective insurance and reinsurance for the participating clubs. In a P&I club members get together to share each other’s risks. Currently 17 clubs from all over the world with secretariat based in London are the formers and members of the group closely cooperating with each other. A P&I Club is a mutual insurance association
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Internet as an Insurance Distribution Channel- An Empirical Study Jaya Nema Sr.Faculty‚ LNCT-MER‚Indore Introduction After the liberalization of Indian economy various reforms has been made in the insurance sector which has finally opened the gate of this industry for private sector companies. This has brought changes not only in the design of the products available in the market but also the manner in which they are marketed. There is
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Factors That Affect Life Insurance Industry Solvency BY Gilbert Chan 1030200020 Finance Terry Lu 1030200075 Finance A Business Project Submitted to the Division of Business and Management in Partial Fulfilment of the Graduation Requirement for the Degree of Bachelor of Business Administration (Honours) Beijing Normal University – Hong Kong Baptist University United International College April 2014 Acknowledgment First and foremost‚ my deepest gratitude goes to our supervisor
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