This document provides information about an assignment for an MBA course on insurance and risk management. It gives the semester, subject code, credits, marks and asks students to answer all questions. It provides two sample questions and answers regarding risk management methods and elements of life insurance organizations. It asks students to provide short notes on pricing objectives, elements and rate computation and to explain insurable interest and the differences between wagering and insurance. It also asks students to discuss the role of insurance in risk financing from the perspectives of the insured and insurer.
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Dear students get fully solved SMU MBA Fall 2014 assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
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Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
Dear students get fully solved SMU MBA assignments
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“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
Many scholars have argued the relevance of insurance to business considering the unpredictability of events and disruption to business and conclude that all that is needed to buffer for loss is Insurance. This view is true to an extent, but short-sighted as it doest not give consideration to long term issues of continuity and sustainability.
Insurance is different from most products as it is a promise to do something in the future if certain events take place during a specified time period.
Unlike a can of soup, a pair of shoes, or a car, the ultimate cost of an insurance policy is not known at the time of the sale
Nulearn provides a life changing opportunity through market risk courses with India’s leading Institute, IIM Kashipur. Get more exposure under India’s best faculty, camp based sessions, projects and industry interactions. Enroll now for better career!
compensation in a knowledge based economy
,
compensation strategy
,
compensation history
,
what is compensation
,
importance of compensation
,
pay and social class
Dear students get fully solved SMU MBA assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
Many scholars have argued the relevance of insurance to business considering the unpredictability of events and disruption to business and conclude that all that is needed to buffer for loss is Insurance. This view is true to an extent, but short-sighted as it doest not give consideration to long term issues of continuity and sustainability.
Insurance is different from most products as it is a promise to do something in the future if certain events take place during a specified time period.
Unlike a can of soup, a pair of shoes, or a car, the ultimate cost of an insurance policy is not known at the time of the sale
Nulearn provides a life changing opportunity through market risk courses with India’s leading Institute, IIM Kashipur. Get more exposure under India’s best faculty, camp based sessions, projects and industry interactions. Enroll now for better career!
compensation in a knowledge based economy
,
compensation strategy
,
compensation history
,
what is compensation
,
importance of compensation
,
pay and social class
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Dear students get fully solved assignments
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Dear students get fully solved assignments
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help.mbaassignments@gmail.com
or
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Dear students get fully solved assignments
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“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
Dear students get fully solved assignments
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help.mbaassignments@gmail.com
or
call us at : 08263069601
Dear students get fully solved assignments by professionals
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stuffstudy5@gmail.com
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Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
(Prefer mailing. Call in emergency )
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
Call us at : 08263069601
When market conditions are good insurance companies get low of business and their profits increase but in the adverse market conditions the companies start facing losses or their profitability reaches to rock bottom.
Controlling Workers’ Compensation Costs by as Much as 20% - 50%Richard Swartzbaugh
What is Workers’ Compensation?
Who Benefits from Workers’ Compensation Cost Control? Everyone!!!
Worker’s Comp costs can be one of your Company’s greatest “out of control” costs, or, YOU can but in a proven 19-step system to reduce Workers’ Comp costs by as much as 20% - 50%, and utilize critical metrics to address:
- Why workers’ compensation metrics are important
- The formulas for how to calculate 5 critical metrics
- How to leverage these metrics to make an impact at your organization
Following the step-by-step instructions in 19-Step system for the calculation and application of critical metrics will address:
- Workers’ comp viewed as a cost of doing business
- Getting management to understand value of return to work
- Convincing policy holders to embrace a worker recovery program
- Lack of informed and effective employer involvement in WC claims issues
- Stakeholder apathy
- Managers and supervisors not taking seriously their duty to protect workers
Avoiding Workers’ Comp mistakes & loopholes will help drive three major points:
- Drivers of human behavior
- Disincentives to “Return to Work”
- Most common employer mistakes
Finally:
- Evidence-based medicine will create better Workers’ Comp claim outcomes.
- In organized environments, executing successful return to work programs with Unions (and members) is essential.
- As part of a comprehensive workers compensation program, employers should maintain close communications with injured employees to ensure they recover quickly, do not drop out of the workforce and return to work rapidly. Get Well Cards are part of a positive, proactive communication strategy.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
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ASSIGNMENT
DRIVE WINTER
PROGRAM
SUBJECT CODE & NAME
SEMESTER
BK ID
CREDITS
MARKS
2013
MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) /
PGDFMN – (SEM 2)
MF0018 - INSURANCE AND RISK MANAGEMENT
4
B1816
4
60
Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
1 Explain the risk management methods.
Answer : Comprehensive business risk management is a multi-stage process that will vary depending
on the needs and requirements of each individual enterprise.
The first stage is to determine exactly what the risks facing your business are, in order to assess the
likely and potential impact of each incident occurring.
Once this process has been completed, you can get down to evaluating the technique which will best
suit your business and maximise your risk management moving forward.
Here are the four key potential risk treatments to consider.
2 An organization is a legal entity which is created to do some activity of some purpose. There are
elements of a life insurance organization. Explain the elements of life insurance organization.
Answer : Activities & elements of life insurance organisations :
The money you pay for your business's many insurance premiums might seem to be a waste,
especially if you never claim a loss. But the primary function of an insurance company is to safeguard
your business against such losses. The type of business you own determines the type of insurance
you need. The government requires you to have certain types of insurance to protect the public, and
lenders require insurance to protect their investment.
2. 3 Insurance is the most important industry. Elaborate the different types of mediclaim and liability
policies.
Answer : 5 types of mediclaim policies
1) Individual Medical Insurance - This is typically a policy that covers an individual. It pays for
hospitalization and medical expenses incurred in treatment of an illness/injury.
2) Family Floater - A family floater gets all the family members insured under one single cover.
The name ‘floater’ is derived from the fact that a single sum insured floats over all the
covered members including self, parents, spouse and children.
3) Senior Citizen Insurance - As one ages, it becomes harder to get a decent health cover.
Senior Citizen Health Insurance is designed to address the specific healthcare needs of the
old aged. It comes at a higher premium compared
4 Give short notes on :
a) Pricing objectives.
Answer : It is necessary that the marketing manager decide the objective of pricing before actually
setting price. According to experts, pricing objectives are the overall goals that describe the role of
price in an organization’s long-range plans. The objectives help the marketing manager as guidelines
to develop marketing strategies. The following are the important pricing objectives.
Market penetration
Market skimming
b) Pricing elements.
Answer : Pricing has no ‘one size fits all’ answer that works for every size company, but there is a
sequence of steps that can be followed to develop the pricing that works for you. They’re
interrelated but don’t necessarily have to be followed in the order they appear below. Use them
simply as guideposts to consider or eliminate in determining what’s right for you and your business.
Develop a marketing strategy (market
c) Rate computation
Answer : Rates must be rounded to the nearest cent, counting one-half cent and over as the next
higher cent (e.g., round $18.845 to $18.85).
Procedure
Follow the rules below to compute rates of pay. (Note: The examples below are based on annual
rates that have been increased by a locality pay percentage
5 Explain the creation and application of insurable interest. Give the differences between
wagering and insurance.
3. Answer : Creation of insurable interest :
Insurable interest exists when an insured person derives a financial or other kind of benefit from the
continuous existence of the insured object (or in the context of living persons, their continued
survival). A person has an insurable interest in something when loss-of or damage-to that thing
would cause the person to suffer a financial loss or other kind of loss. Typically, insurable interest is
established by ownership, possession, or direct relationship. For example, people have insurable
interests in their own homes and vehicles, but not in their neighbours' homes and vehicles, and
certainly not those of strangers. The "factual expectancy test" and "legal interest test" are the two
major concepts of insurable interest.
6 Identify the role of insurance in managing risk financing. Explain the importance of insurance
transaction. Discuss in different perspectives of insured and insurer
Answer : Role of insurance in managing risk financing :
Rising insurance premiums and the occasional inability to obtain coverage at any cost have changed
the traditional role of insurance. Obtaining coverage for every insurable risk is being replaced by the
risk management concept. Risk management, which includes insurance coverage, is intended to
minimize the costs associated with assuming certain types of risk and providing prudent protection.
It deals with pure risks that are characterized by
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
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