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What is Fire Insurance? What is its scope? Describe various policies of Fire Insurance.
Write in brief about the questions:
(e) Reinsurance
(d) Physical Hazard
(c) Underwriting
b) Composite Insurance
(a) Methods of rating
Discuss the process of Valuation of Assets and Liabilities in General Insurance. Also discuss Solvency Margin.
What is Claim Settlement in General Insurance? Discuss the complete procedure of Claim settlement and the various documents required for it.
"General Insurance is a Contract of Indemnity". Explain this statement. Describe the Principles of General Insurance exclusively applicable on General Insurance.
What are Tariff and Non Tariff rates? How Detariffication has changed the General Insurance Scenario in India?
(a) What is the meaning of renewal of a policy Discuss the colorsunder which it is allowed. (b) What is No claim Bonus? When is it granted?
What is Political Risk Insurance? Describe the role of ECGC in Political Risk Insurance.
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