Chapter
Introduction to Insurance Business
Risk Management in Banking and Insurance (Elective Paper 20B)Section B: Risk Management in Insurance (40%)10 marks
5 topics
- Definition, Concept and Features of Insurance
- Principles of Insurance
- Role of Insurance towards Economic Growth
- Difference between Insurance Companies and other Financial Institutions
- Insurance Regulatory and Development Authority (IRDA) – Objectives, Statutory Powers and Functions of IRDA