hi frnd this a pdf version of my own created file containing the history of insurance in world and in India..moreover there is a brief description of LIC is given.i think it wl b veru useful for u.and kindly mail me if u have ne prob ao if u wanna me to do ne correction.....
thanx
hi frnd this a pdf version of my own created file containing the history of insurance in world and in India..moreover there is a brief description of LIC is given.i think it wl b veru useful for u.and kindly mail me if u have ne prob ao if u wanna me to do ne correction.....
thanx
An organization study on Reliance life insurance
(With specific reference to customer satisfaction)
Submitted in partial fulfillment of the requirement of the
Bachelor of Business Management Degree
Offered by Jain University during the year 2012
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
2. WHAT IS INSURANCE?
Insurance is actually a contract between 2 parties whereby one
party called insurer undertakes in exchange for a fixed sum called
premium to pay the other party in case of happening of a certain
event
Insurance in India has its history dating back till 1818, when
Oriental life Insurance Company was started by European in
Kolkata to fulfill the needs of the European Community.
The oldest existing insurance company in India is National
insurance Company Ltd, which as founded in 1906 and is
nationalized in 1972
3. NEED OF INSURANCE
For security
Old age pension
As an investment/or saving mechanism
For tax benefits + Tax free cash on maturity
Financial Planning
Provides prevention of losses
4. PRINCIPLES OF INSURANCE
The 7 principles of insurance are:
Principle of utmost good faith
Principle of Insurable interest
Principle of indemnity
Principal of subrogation
Contribution
Principle of causa proxima
Principle of Loss Minimisation
5. SERVICES IN INSURANCE SECTOR
5
Insurance
Life Insurance
Term Life
Insurance
Permanent
Life Insurance
General
Insurance
Fire Insurance
Marine
Insurance
Mediclaim
Business
Motor Vehicle
6. RE-INSURANCE
The practice of insurers transferring portions of risk portfolios to
other parties by some form of agreement in order to reduce the
likelihood of having to pay a large obligation resulting from
an insurance claim. The intent of reinsurance is for an insurance
company to reduce the risks associated with underwritten policies by
spreading risks across alternative institutions.
General Insurance Corporation of India is the Reinsurance Company
in India
There are two basic methods of reinsurance:
Facultative Reinsurance
Treaty Reinsurance
7. DOUBLE INSURANCE
Duplicate protection provided when two companies deal with the same in
dividual and undertake to indemnify that person against the same losses.
When an individual has double insurance, he or she has coverage by two
different insurance companies upon the identical interest in the
identical subject matter.
If a husband and wife have a duplicate medical insurance coverage
protecting each another, they would have double insurance. An individual
can rarely collect on double insurance, however, majority of insurance
contracts contains provision that prohibits this
8. LIFE INSURANCE CORPORATION
(LIC)
The Parliament of India passed the Life Insurance Corporation Act on
the 19th of June 1956, with the objective of spreading life insurance
much more widely and in particular to the rural areas with a view to
reach all insurable persons in the country, providing them adequate
financial cover at a reasonable cost.
The company was founded on 1st September, 1956 when
the Parliament of India passed the Life Insurance of India Act that
nationalised the private insurance industry in India. Over 245
insurance companies and provident societies were merged to create
the state owned Life Insurance Corporation.
Today, the LIC has 8 zonal offices, around 113 divisional offices, 2,048
branches and 992 satellite offices and corporate offices
LIC's slogan yogakshemam vahamyaha is in Sanskrit language which
translates in English as "Your welfare is our responsibility".
9. CONTINUED…
Type : Public Sector
Industry : Financial services
Headquarters : Mumbai, India
Key people: S.K Roy (Chairman),
Sushobhan Sarker (Managing Director),
S.B Mainak (Managing Director)
N.R Guha (Managing Director),
V.K Sharma (Managing Director),
Usha Sangwan (Managing Director)
Products : Life insurance, health insurance, investment management, mutual fund
Owner: Government of India
Subsidiaries: LIC Housing Finance
LIC Pension Fund Ltd.
LIC International
LIC Cards Services
LIC Nomura Mutual Fund
10. GENERAL INSURANCE CORPORATION (GIC)
Prior nationalization there were 68 Indian insurers (including LIC) and 45 non-Indian
insurers did the business.
In Nov. 1972, the general insurance business was nationalized by the General
Insurance Business (Nationalized), Act 1972 (GIBNA) and vested in the hand of the GIC
and its four subsidiaries:
1. National Insurance Co. Ltd.,
2. New India Assurance Co. Ltd.,
3. Oriental Insurance Co. Ltd., and
4. United India Insurance Co. Ltd. 10
11. GIC was incorporated as a holding company in 1992.
General Insurance Business is completely owned by the
government.
The paid up capital of GIC was fully subscribed by the
Government and of four subsidiaries.
It was controlled by a single organization with four subsidiaries
The Government of India took over Control, supervision, and
policy making of GIC.
The premium income for GIC comes mainly through the obligatory
reinsurance premium on a quota share basis from subsidiaries on
their direct business in
11
12. IRDA ACT
The Insurance Act, 1938 provided comprehensive regulation of the insurance
business in India.
In 1993, Govt. of India, with a view to examine the structure of the insurance industry
& to recommend changes to make it more competitive & efficient, appointed a
committee under the chairmanship of former Governor of Reserve Bank of India, Sh.
R. N. Malhotra. The committee submitted its report in Jan. 1994. In 1999 the bill titled
as Insurance Regulatory & Development Authority Bill 1999 was introduced in
parliament. After discussion & debate the Bill become an Act known as Insurance
Regulatory & Development Authority (IRDA) Act,1999.
The aim of the Authority is “to protect the interest of holders of Insurance policies to
regulate, promote and ensure orderly growth of Insurance industry & for matters
connected therewith”
The IRDA Act has ramifications on The Insurance Act (1938), The Life Insurance
Corporation Act (1956) and The General Insurance Business(Nationalisation) Act
(1972).
13. FEATURES OF IRDA ACT
Act to establish the regulatory authority
Insurance advisory committee
Ending the monopoly of LIC and GIC
The insurance business opened to Indian companies only
Renewal of registration
Capital adequacy requirement
Deposits
Investment of assets
Power of investigation and inspection
Tariff advisory committee
Licensing of surveyors and loss assessors
Sufficiency of the assets
No risk to assume unless premium received in advance
Reinsurance