It is witnessed by IRDA (Insurance Regularity Development Authority) governing Body of Insurance Council in its recent … report that insurance corporations and their agents are often involved in foul, mis-selling while endorsing of insurance … products especially life insurance products. Therefore researcher thought that there is acute need to high point this curb …

Part I: Fundamentals of insurance business The origins and role of insurance in society -- The notion of risk and … probability -- The insurance undertaking -- Regulation of the insurance industry -- Supervision and other Authorities -- The … insurance business -- The insurance contract -- Life Insurance products -- Non-life insurance products. Personal line -- Non …

This textbook presents the fundamental economic dimensions of insurance companies and links them to managerial issues … management of the insurance business. Further, it provides a general overview of insurance undertakings and technical topics are … explained in depth. Filling an important gap in the market for textbooks on the insurance business, it is divided into four …