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Submitted by: Group 6 What is insurance? The definition of insurance can be made from two points: Functional definition. Contractual definition. FUNCTIONAL DEFINITION Insurance…

Business Insurance, system of insurance accounting

1. Insurance, system ofinsurance accounting Sooraj.R 2. Introduction• Insurance involves pooling funds from manyinsured entities (known as exposures) to payfor the losses…

Business Insurance sector in India:challenges and opportunities

Overview of Insurance Industry INSURANCE SECTOR IN INDIA: TREND & CHALLENGES What is insurance? The definition of insurance can be made from two points: Functional definition.…

Documents Insurance Sector

Insurance sector Insurance Market What is insurance? The definition of insurance can be made from two points: Functional definition. Contractual definition. FUNCTIONAL DEFINITION:…