EXECUTIVE SUMMARY Monopoly of LIC has been broken to make Indian Insurance to change its face and pace to tap the market and to make the new challenges in it. Insurance in…
Slide 1SAP Accounting Slide 2 Statutory Accounting Insurers produce financial statement prescribed by NAIC Filed with insurance department of regulators Based on Statutory…
Slide 1 INSURANCE Slide 2 A risk shared is a risk halved Putting aside sums of money to cover against financial problems Slide 3 COMMON FUND The pooling of risk = a large…