Business insurance and risk management / Dalip Kumar & Dheeraj Garg.

By:

Kumar Dalip

Material type: Text

TextPublication details: New Delhi. Global Publications; 2012.Edition: 1st ed. 2012Description: 272 p . ; hardbound 14x22cmISBN:

978-93-80833-72-9

DDC classification:

23 658.115 KUM

Contents:

1. Insurance business strategy 2. Insurer's business model 3. Life Insurance in India 4. Different insurances 5. IRDA Act, 1999 6. Budget crisis 7. Risk Management 8. Enterprise risk management 9. Process and Principles of risk management 10. Formulation of principles 11. Glossary of insurance terms

Summary: In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss (or impact) and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled in descending order. In practice the process of assessing overall risk can be difficult, and balancing resources used to mitigate between risks with a high probability of occurrence but lower loss versus a risk with high loss but lower probability of occurrence can often be mishandled.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	Tetso College Library Commerce & Management	Non-fiction	658.115 KUM (Browse shelf(Opens below))	Available		7834

1. Insurance business strategy
2. Insurer's business model
3. Life Insurance in India
4. Different insurances
5. IRDA Act, 1999
6. Budget crisis
7. Risk Management
8. Enterprise risk management
9. Process and Principles of risk management
10. Formulation of principles
11. Glossary of insurance terms

In ideal risk management, a prioritization process is followed whereby the risks with the greatest loss (or impact) and the greatest probability of occurring are handled first, and risks with lower probability of occurrence and lower loss are handled in descending order. In practice the process of assessing overall risk can be difficult, and balancing resources used to mitigate between risks with a high probability of occurrence but lower loss versus a risk with high loss but lower probability of occurrence can often be mishandled.

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