ASSIGNMENT
DRIVE SPRING 2019
PROGRAM MBA
SEMESTER IV
SUBJECT CODE & NAME FIN404- Insurance & Risk Management
SET-I
1 What do you understand by risk management? List the steps involved in the risk management process.
2 Define major components of insurance policy.
3 Write short notes on
a. Insurance Regulatory and Development Authority (IRDA)
b. Privatization of Insurance Industry
SET-II
1 Explain Wagering contract. Differentiate between Wagering and Insurance.
2 Elaborate Savings and Investment Aspect of Life Insurance.
3 Explain the concept of Reinsurance also discuss various benefits of Reinsurance