What is meaning of Insurance and explain needs of insurance.
[7 marks]What do you mean by Risk .Explain different types of risk for financial institutions?
[7 marks]Describe in details the process of Risk Management by individuals.
[7 marks]Explain Various Principles of insurance.
[7 marks]Define the IRDA Framework in brief.
[7 marks]Discuss various Financial objectives of insurance company.
[7 marks]Write a short note on 1. Whole life plan 2. Endowment Insurance plan
[7 marks]Briefly explain the various types of Marine insurance covers available in india.
[7 marks]What are the Social and Economic benefits of insurance?
[7 marks]Differentiate between Peril and a Hazard and give example of each.
[7 marks]Define Underwriting .What are the objectives of Underwriting.
[7 marks]Explain the performance Measurement of insurance company
[7 marks]What are the different methods of rating?
[7 marks]What is claim procedure in respect of a life insurance policy?
[7 marks]Define Reinsurance .Briefly explain the various objectives of reinsurance.
[7 marks]Write short note on 1.Insurable risk. 2. Surrender value.
[7 marks]What are the responsibilities of Insurance Manager?
[7 marks]