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Basics-of-Banking--insurance-2013-->View question


Asked On2017-10-27 14:27:22 by:Ashwath-Shetty

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The insurance industry is facing turbulent times and risk management is at the top of the agenda.  Pressure is mounting on insurers to implement and professionalize risk management practices. Needless to say, supervisors are encouraging risk management information to be more widely spread throughout organizations in order for it to be fully integrated into the day-to-day management of the business. Many companies are at this moment upgrading their risk management systems. In this paper, which aims to improve standards of risk assessment, should be regarded as an opportunity for insurance companies to improve their risk management systems and will allow you to benefit from the risk management efforts in the context of supervision. This paper will help you to quickly get to grips with risk management terms and techniques and how they relate specifically to the insurance industry.  The main benefit of Risk Management for Insurers is that it emphasizes the practical risk management concepts, rather than technical calculations and detailed theory, making it easier   for a layman to understand. What’s more, all concepts and terms are applied to clear illustrative    examples and the regulation and supervision developments are simple to follow.  It is recommended for risk managers, actuaries, controllers, accountants, auditors, corporate      finance managers, underwriting and reinsurance managers, investment managers, equity       analysts and financial consultants.
 
Contributed by, Satya Shiromani


Answerd on:2018-06-05 Answerd By:satyashiromani

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