Principles and Systems of Insurance

Erscheinungsjahr 2022
ISBN: 978-93-87472-53-2
Verlag: PHI Learning

Buch, Englisch, 268 Seiten, Paperback

The book, comprising 23 chapters, is broadly divided into four sections, namely Basic concepts of insurance, Value proposition in insurance, Delivering value in insurance, and Contemporary insurance business.

Covering basic concepts of risk management and insurance and elucidating value proposition in insurance by emphasising products and procedures/underwriting of life insurance and general insurance business, the book includes delivery of value in insurance by explaining claims settlement procedures, role of intermediaries, communication channels and various insurance regulations in India and contemporary issues of insurance business. It provides the growth of insurance business with the IRDA, social responsibility and contemporary issues in insurance and details about global insurance environment, reinsurance and commercial aspects of insurance. The concepts have been explained with suitable examples, wherever necessary.

The book has been specially written to cater to the needs of students pursuing BBA (Banking and Insurance) and B.Com (Hons.). Besides professionals, the aspirants of Certificate Examination in Bancassurance (CeBA) may also find this book useful for them.

Autoren/Hrsg.

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Versicherungswirtschaft

Inhaltsverzeichnis

- Foreword
- Preface
- An Open Letter to the Students
- Part I: Basic Concepts of Insurance
- 1. Concept of Risk
- 2. Risk Management
- 3. Concept and Nature of Insurance
- 4. Principles of Insurance
- 5. Classification of Insurance Business and Insurance Organisations
- Part II: Value Proposition in Insurance
- 6. Life Insurance Products in India
- 7. Life Insurance Procedures—Underwriting of Insurance
- 8. General Insurance Products: Health, Personal Accident and Motor
- 9. General Insurance Products: Fire, Engineering and Marine
- 10. General Insurance Products: Liability and Aviation
- 11. General Insurance Products: Package Policies and Miscellaneous Products
- 12. General Insurance Procedures
- Part III: Delivering Value in Insurance
- 13. Insurance Claims Settlement Procedures
- 14. Intermediaries for Insurance Business
- 15. Communication Channels for Insurance in India
- 16. Insurance Regulations in India
- Part IV: Contemporary Insurance Business
- 17. Growth of Insurance Business with IRDA
- 18. Social Responsibility of Insurance
- 19. Contemporary Issues and Challenges for the Indian Insurance Industry
- 20. Global Insurance Environment
- 21. Reinsurance
- 22. Commercial Aspects of Insurance
- 23. Group Insurance
- References
- Index