INTRODUCTION TO GENERAL AND LIFE INSURANCE
Unit I : General Insurance : Definition and Application — Nationalization of generl Insurance in India –Privatization and Globalization of General Insurance in India.
Unit II : Need for General Insurance – Types of General Insurance – Reinsurance – special terms used in reinsurance – Importance and Fundamentals in reinsurance.
Unit III : Meaning of risk – Types of risks – Risk analysis – Risk Management Techniques – Risk retention.
Unit IV: Concept of Life insurance – Types of Life insurance – Importance of Life insurance. Basic premium calculations of life insurance.
Unit V : Traditional products and Linked products in Life insurance – Annuities and group policies.
- Principles of Insurance” – Book Code IC 01 – Institute of Insurance of India.
- Dorfman S. Mark, Introduction to risk management and insurance Prentice, hall India 2005
- Inroduction to Insurance Mathematics by Annamaria Olivieri , Ermanno Pitacco.