Discuss the four phases of Reverse Estimation Strategy Insurance Institute Of India 2013

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Discuss the four phases of Reverse Estimation Strategy? - Insurance Institute Of India - 2013

From the foundation of casualty acturial science question paper of 2013

By:Divyanshu-Changkakoti

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An Act to give effect to the Convention for the unification of certain rules relating to international carriage by air signed at Warsaw on the 12th day of October, 1929 and to the said Convention as amended by the Hague Protocol on the 28th day of September, 1955 and to make provision for applying the rules contained in the said Convention in its original form and in the amended form (subject to exceptions, adaptations and modification) to noninternational carriage by air and for matters connected therewith. Be it enacted by Parliament in the Twentythird Year of the Republic of India as follows:— 
1. Short title, extent and commencement — 
(1) This Act may be called the Carriage by Air Act, 1972. 
(2) It extends to the whole of India. 
(3) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint. 
2. Definitions — In this Act, unless the context otherwise requires, — 
(1) “amended Convention” means the Convention as amended by the Hague Protocol on the 28th day of September 1955; 
(2) “Convention” means the Convention for the unification of certain rules relating to international carriage by air signed at Warsaw on the 12th day of October, 1929.

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