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Fin404 - Assignment - Spring 2022

This document provides information about an assignment for an MBA Insurance and Risk Management course. The assignment includes two sets with a total of 30 marks. Set I includes short notes on types of insurance contracts and reinsurance, explaining insurance underwriting, and comparing life and non-life underwriting. Set II covers problems and prospects of public insurers, defining insurance from individual and social viewpoints, and short notes on the insurance regulator and industry privatization. Students must answer all questions across both sets to receive their internal assessment score.

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Rajni Kumari
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103 views2 pages

Fin404 - Assignment - Spring 2022

This document provides information about an assignment for an MBA Insurance and Risk Management course. The assignment includes two sets with a total of 30 marks. Set I includes short notes on types of insurance contracts and reinsurance, explaining insurance underwriting, and comparing life and non-life underwriting. Set II covers problems and prospects of public insurers, defining insurance from individual and social viewpoints, and short notes on the insurance regulator and industry privatization. Students must answer all questions across both sets to receive their internal assessment score.

Uploaded by

Rajni Kumari
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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ASSIGNMENT

DRIVE SPRING 2022


PROGRAM MBA
SEMESTER IV
SUBJECT CODE & NAME FIN404- Insurance & Risk Management
BOOK ID B1816
CREDIT 4 CREDITS
MARKS 30 MARKS (EACH SET)

Note –The Assignment is divided into 2 sets. You have to answer all questions in both sets.
Average score of both assignments scored by you will be considered as your IA score. Kindly note
that answers for 10 marks questions should be approximately of 400 words.
SET-I

1 Write short notes on-


a) Fire Insurance Contract
b) Marine Insurance
c) Rural Insurance
d) Social Insurance
a) Fire Insurance Contract 2.5 10
b) Marine Insurance 2.5
c) Rural Insurance 2.5
d) Social Insurance. 2.5
2 Explain the concept of Reinsurance also discuss various benefits of Reinsurance
Concept of Reinsurance 5 10
Benefits of Reinsurance 5
3 Elucidate the concept of Insurance Underwriting. Differentiate between Life
insurance underwriting and Non-life insurance underwriting.
Insurance Underwriting. 4 10
Difference between Life insurance underwriting and Non-life 6
insurance underwriting

SET-II

Q.No Criteria Marks Total Marks


1 Discuss different Problems and Prospects of Public Insurance Enterprises.
Problems and Prospects of Public Insurance Enterprises 10
2 Define Insurance from Individual & Social Viewpoint
Insurance from Individual Viewpoint 5 10
Insurance from Social Viewpoint 5
3 Write short notes on
a) Insurance Regulatory and Development Authority (IRDA)
b) Privatization of Insurance Industry
Insurance Regulatory and Development Authority (IRDA) 5 10
Privatization of Insurance Industry 5

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