Insurance and Risk Management - Tapa dura

Insurance and Risk Management

Contents Preface 1 Basics of insurance 2 Meaning and importance of non-life insurance 3 Insurance law and regulations 4 Risk management 5 Risk cover of life insurance corporation of India 6 Finance accounts and audit 7 Marine aviation and transport insurance 8 Principals duty to agent 9 Historical perspectives of insurance Bibliography IndexThe majority of insurers however will be unwilling or unable to go back to their policyholders for additional payment if losses turn out to be greater than expected The law on insurance warranties in general is clearly set out in the Marine Insurance Act 1906 The act states that warranties must be exactly complied with whether material to the risk or not A breach cannot be remedied but automatically discharges the insurer from liability from that date One of the main aims of insurance regulators is to ensure that companies always have a margin of assets over estimated liabilities that is appropriate to the business that they conduct jacket 296 pp. Nº de ref. del artículo: 97748

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