Insurance and Risk Management — Summer 2024

What is insurance? Explain various types of Insurance.

What is Risk? Explain different types of Risk.

Explain the process of risk management.

Explain the social and economic benefits of insurance.

Explain in brief various principles of insurance.

Briefly explain the powers and functions of IRDA.

What is Re-insurance? Examine the role of re-insurers.

What is claim settlement? Explain the guidelines to be followed for claim settlement of insurance.

Explain various types of general insurance plans offered in India.

Explain the concept of underwriting. Also explain the requisites of a successful underwriting.

Explain the following terms: (1) Travel Insurance (2) Term Insurance with return of premium (3) Perils

What is Health Insurance? Explain the benefits of health insurance.

Explain the following terms: (1) Marine Insurance (2) Static Risk (3) ALM

Explain difference between life insurance and non life insurance.

Explain the concept of fire insurance. Also explain its benefits.

Explain various methods of risk retentions.

Explain the role of TPA’s in health insurance sector. Page 1 of 1