STUDY - RISK MANAGEMENT AND INSURANCE
To provide the basics of insurance contracts and to explain the various types of
Introduction to risk management: The Concept of Risk – Risk Vs. Uncertainity
– types of Risks : Market Risk, Credit Risk, Operational Risk , interest risk,
business risk , systematic risk -– Classifying pure risks – methods of handling
pure risks – risk management process – Risk financing techniques – Risk
management objectives – Risk Management Information Systems (RMIS) – Risk
Risk Management by Individuals: Factors effecting individual demands for
insurance - Risk Management by Corporations: Corporate Risk management
process – Types of Risk managing firms.
Growth & Development of Indian Insurance Industry - Regulations of
Insurance Business and The Emerging Scenario - Introduction to Life &
General Insurance - Life Insurance: Features of Life Insurance - Essentials of
Life Insurance Contract - Kinds of Insurance Policies - Premium determination -
Life Policy Conditions
Fire Insurance: Fire Insurance Contracts – Fire Insurance Coverage –– Policies
for stocks –– Rate Fixation in Fire Insurance – Settlement of Claims. Marine
Insurance: Marine Insurance Contract –– Types of Marine Insurance–– Marine
Cargo Losses and Frauds–Settlementofclaims.
Miscellaneous Insurance: Motor Insurance – Employer’s Liability Insurance –
Personal Accident and sickness Insurance – Aviation Insurance – Burglary
Insurance – Fidelity Guarantee Insurance – Engineering Insurance – Cattle
Insurance – Crop Insurance.
MBA Finance Subjects