Principles and Systems of Insurance

Covering basic concepts of risk management and insurance and elucidating value proposition in insurance by emphasising products and procedures/underwriting of life insurance and general insurance business, the book includes delivery of value in insurance by explaining claims settlement procedures, role of intermediaries, communication channels and various insurance regulations in India and contemporary issues of insurance business. It provides the growth of insurance business with the IRDA, social responsibility and contemporary issues in insurance and details about global insurance environment, reinsurance and commercial aspects of insurance