HistoryAetna‚ Inc. is an American health insurance company‚ which is the direct descendant of Aetna (Fire) Insurance Company‚ of Hartford‚ Connecticut. In 1850 Aetna began operation of an Annuity Fund and the company would soon to be known as Aetna Life Insurance Company. In 1899 Aetna became one of the first publicly held insurance companies to enter the health insurance field. Since then Aetna has become committed to providing access to cost-effective health care of the highest possible standard
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The article starts off with the example of the negotiation between an European firm and an U.S firm‚ wherein‚ Chris‚ an employee of the US firm negotiated it to success. The US firm wanted exclusivity of the ingredient supplied by the other firm and even if they were being offered a price higher than the initial $18 a pound and a guaranteed minimum order of 1 million pounds annually ‚the European firm was not budging. Chris‚ then investigated and found the reason that the supplier of the European
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INSURANCE LAW PROJECT | HEALTH INSURANCE AND REGULATORY ISSUES UNDER IRDA ACT 1999 | Rudresh Pratap Singh Roll No. 49 Semester V RMLNLU | Contents INTRODUCTION 4 The Insurance Regulatory and Development Authority 5 Regulatory issues in the health insurance business 5 It should be the duty of the regulator (IRDA) to ensure that the new entrant in the health insurance sector: 5 II. Regulations Pertaining To Consumer
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Euromouse Negotiation Mouse Reflection Paper Lim Jian Hong‚ Benjamin (A0110508W) Background of Parties I was assigned the role of Mouse representative for this Mouse exercise. The primary objective for Mouse heading into the negotiation was to ensure co-operation from the mayors of Chessy‚ Coupvray‚ Magny and Bailly. The strategy revolved around financial compensation as a means of dealing with these towns. The approach towards the French government was one based on an assumption of them being supportive
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INDUSTRIAL ANALYSIS OF INSURANCE INDUSRTY INDEX 1. INTRODUCTION……………………………………………………………3 2. OBJECTIVES OF THE STUDY………………………………………..........8 3. GLOBAL SCENARIO……………………………………………………….9 4. INDIAN SCENARIO……………………………………………………….11 5. EMERGENCE OF IRDA…………………………………………………...19 6. MARKET STRUCTURE……………………………………………………36 7. PEST ANALYSIS…………………………………………………………...37 8. PORTERS FIVE FORCES………………………………………………….61 9. PERFORMANCE ANALYSIS……………………………………………..68 10. GLOBAL
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Reliance Insurance Company‚ now officially known as Reliance Insurance Company [in Liquidation]‚ was founded in Philadelphia in 1817. In October 2005‚ Reliance Insurance Company had taken place in India. Reliance Life Insurance Company Limited is an associate company of reliance - Anil Dhirubhai Ambani Group. Reliance Capital Limited is one of India’s leading private sectors. Reliance capital has interests in an asset management and mutual funds‚ stock broking‚ life and general insurance’ proprietary
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between insurance and hedging Insurance is generally an action taken to offset the impact of a negative event. Taking out insurance is a bet that something bad may happen and that protection against it is needed. Hedging is a type of insurance. However‚ hedging is a markedly different method of insurance from home‚ auto and flood insurance. Hedging refers to any series of actions taken to offset the potential risk of losses on a financial investment. Medical‚ home‚ auto and flood insurance policies
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Mortgage Loans in Philadelphia‚ PA The financial collapse that took place toward the end of the last decade took a devastating toll on the housing market across the country. The subprime lending practices of banks had created a huge inflated bubble that was constantly expanding with debt created by people who did not have the viable means to pay it off. Subsequently‚ the recovery that the country has experienced across the board‚ has produced more stringent lending practices that has resulted in
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INTRODUCTION Fire is one of the original perils insurance was designed to protect against. Current building codes and many nearby fire departments make it easy to forget about the catastrophic damage fire can do. However the damage caused by fire and the fire departments effort to put out a fire is all too real. It happens in just an instance. Smoker falling asleep in a chair‚ an unattended candle‚ paper or clothing too near the stove or a heat generating source‚ or a spark caused from an
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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
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