Chapter 1 INTRODUCTION 1.1 Introduction Insurance‚ in law and economics‚ is a form of risk management primarily used to hedge against the risk of a contingent loss. More importantly‚ insurance company portfolio managers work under a different‚ and possibly more restrictive‚ set of regulatory constraints than other institutional investors (Badrinath‚ Kale‚ Ryan‚ & Jr‚ 1996). Insurance is defined as the equitable transfer of the risk of a loss‚ from one entity to another‚ in exchange
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millennium has exposed the insurance sector to new challenges of competition and struggle for survival. The era of liberalization‚ privatization and globalisation has ended the monopolistic tendency in this sector. It has been over four years since the Indian insurance market has opened up and the new entrants into the market have set up their shops throughout the country. Until the late nineties‚ the Indian insurance industry was under State control with no private participation. In April 1993
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world‚ advancement in old technology leads in modern technology and many inventions have been made and so quality of life have improved as a result of availability of modern technology. No doubt we can say that technology has become an important aspect of our life. Although it has some complications but it is actually reasonable to say that technology has very much improved the quality of life of people. Technology has been used in almost all the fields. One of them we can say is TRANSPORT and
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|service marketing | |EXPECTATION AND PERCEPTION OF SERVICES IN JET AIRWAYS | |BASED ON STUDY CONDUCTED THROUGH SERVQUAL | |
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Insurance Companies and Pension Funds Insurance Companies Insurance companies assume the risk of their clients in return for a fee‚ called the Premium. Most people purchase insurance because they are risk-averse-they would rather pay a certainty equivalent (the premium) than accept a gamble What is Insurance? A contract (policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The company pools clients’ risks to make payments
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Abstract “Motivational Factors influencing Service Quality of customer care representatives. Background: Service Quality is one of the critical factors for the success of any BPO organisation across the globe. It is recognised that the superior service quality if sustained will transform into a distinctive competence that would result in creating competitive advantage to the firm. The chief factor that determines the service quality is the employees‚ as their performance directly influences it
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Enterprise Architecture is considered a Service Oriented Architecture as such the benefits lie in the areas of: decreased application development costs‚ decreased maintenance costs‚ increased corporate agility and increasing overall reliability by producing a system that is more resistant to application‚ equipment failure and disruption. Background Information Monumental Life provides life and health insurance products plus value-added services to meet basic insurance and financial security needs such
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Consumer Behavior Project The Factors of Salesperson’s Behavior in Buying Life-Insurance Based on Different Consumers’ Perception Chapter 1 Introduction A. The Trend of Life-Insurance in Indonesia The promising growth opportunities in the Indonesian insurance market continue to attract new players‚ despite certain unfavorable government rules and regulations. The industry has registered a tremendous growth in the past few years‚ mainly due to untimely occurrence of natural and man-made
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Quality Perception of Parents and Student about the Education System of Private Sector Institutions Education has become a global concern these days. Many believe that after health issue‚ education is the most expensive service available these days. The demand for education has increased with more consciousness among the masses for earning knowledge for a better tomorrow. However the public authorities have not been able to create avenues for knowledge either in form of fresh avenues or expanding
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Teleconsultation service to improve healthcare in rural areas: acceptance‚ organizational impact and appropriateness ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Abstract Background Nowadays‚ new organisational strategies should be indentified to improve primary care and its link with secondary care in terms of efficacy and timeliness of interventions thus preventing unnecessary hospital
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