...A Research Paper Objective: This assignment gives you an opportunity to expand your knowledge by exploring an insurance topic not covered in class. You'll also have an opportunity to work with fellow class members and "pick each other's brains" as you research your topic. Here's what you need to do: 1. Form a group of 2 to 3 members. 2. Select a life/health insurance topic of your interest. If you are looking for suggested topics, here are a few research areas I would like to suggest: * Aging and society: economic, political and social issues * Securitization of longevity risk * Demutualization of life insurers * U.S. healthcare reforms * Medical malpractice insurance crisis in the 1970s and1980s, and current issues * Financial crisis and impact on the life/health industry * Managing longevity risk 3. Each group need to turn in selected paper topic and name of group members (the selection form on page 5) by March 25th. 4. Each group will present their paper in the last week of class. 5. Submit a full paper about 8-10 pages (double-spaced) and the PowerPoint of your presentation to ReggieNet by May 10th. 6. Each group member should submit a peer evaluation form electronically to ReggieNet by May 10th. 7. Late submission will result in one point deduction in grade each day. Requirements * Write professionally: succinctly, proper sentence structure, proper grammar, proper spelling, professional style, and...
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...Insurance Contracts This project deals with the accounting for insurance contracts. As stated on the site, “accounting for insurance contracts does not provide users with the information they need to meaningfully understand the insurer’s financial position, performance and risk exposure.” Additionally, IFRS does not provide the proper guidance to how insurers should handle certain issues. The main goal of the Insurance Contracts project is to provide a single principle-based standard to account for all types of insurance contracts. Also, because comparability between entities is largely lacking today, the Insurance Contracts project also aims to enhance the comparability of financial reporting between them. The Insurance project is broken down into 2 phases. The first phase coincides with the issuance of ‘IFRS 4 Insurance Contracts,’ which “offered limited improvement in account by insurers and enhanced disclosures on amount, timing and uncertainty of future cash flows from insurance contracts.” Phase 2 will be the issuance of a new Insurance Contracts Standard, which will actually replace IFRS 4 (Insurance Contracts). Leases The Leases project deals with the reporting of lease information to investors and analysts. The main goal of the project is to develop a new standard that will establish the guidance for entities to follow on reporting information regarding the amount, timing and uncertainty of cash flows arising from a lease. As stated in the work plan, in...
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...PROJECT OUTLINE * Acknowledgement * History of EFU Insurance * Vision * Mission * Policies Offered By EFU Insurance * Detail About Policies * Coverage Under Policies * Risk Management * Claims * Payment of claims and Process * Duration of Policies * Marketing Plan ACKNOWLEDGEMENT All the Acclimations and Appreciation are for Almighty ALLAH, the Compassionate; the Benevolent. That knows the mysteries & secrets of universe. We would like to show the special gratitude to MISS Khudaija who provided with us knowledge Vision about the management. At the end, we would like to thank all who directly or indirectly help us in making the project. Introduction:- In 1932, Mr. Ghulam Mohammad, a far sighted man, established Eastern Federal Union Insurance Company (EFU) with financial assistance from the Aga Khan III and the Nawab of Bhopal. Mr. Abdur Rehman Siddiqui became the founder chairman. The company was originally registered at Kolkata and operated in India (undivided) and Burma. In 1947, on the birth of Pakistan, EFU found a new home in a new country. In Pakistan, EFU rapidly established itself as a progressive and innovative insurer. It gave the emerging insurance industry the leadership, the manpower and the drive needed to grow in a situation where at one time, three-fourths of insurance was held by foreign companies. By 1961, EFU had become the flag bearer of Pakistan's insurance...
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...use colored theatrical powder can lead fire accident. Rainstorm can cause short circuit of electronic music instrument. Stage collapse means structure damage. When appear some of risks, we should find solutions to reduce fire accident happen. Others, if fire accident happened, arising to injury from people and instruments damage. Quantifying risk: We can list out a table for analysis the probability of happen as below: then figure Impact 0.01 to 0.33 = Low, 0.34 – 066 = Medium, 0.67 – 1.00 = High. Table 1 Risk Summary | Risk Category | Probability | Impact (1-4) | RMMM | Smoking | Fire | 0.5 | 0.5 | | Wiring problem | Fire | 0.5 | 0.5 | | Short circuit | Fire | 0.5 | 0.5 | | In this example (and assuming a $1,000,000 project estimate) your Risk is...
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...Competitor analysis: Website & Thought leadership Report by Rashmi Singh (PGDM No: 10098) Work carried out at Tata Consultancy Services, Bangalore, Karnataka Submitted in partial fulfilment of the requirement of Summer Internship Programme Under the Supervision of Mr. Ashish Shetty, Marketing Lead, Insurance ISU, TCS, Bangalore SDM Institute for Management Development Mysore, Karnataka, India (June 2011) SDM IMD INSTITUTE CERTIFICATE This is to certify that Ms. Rashmi Singh, undergoing PGDM program 2010-12 at this institute has successfully completed the Summer Internship Programme on the project titled ―Competitor Analysis: Website and Thought Leadership‖ at TCS, Bangalore, from April 01, 2011 to May 31, 2011 as a partial requirement for completion of his PGDM curriculum. Prof. Govinda Sharma Internal Faculty Guide SDM IMD, Mysore. Date: 24/06/2011 Place: Mysore Summer Internship Project Page 2 SDM IMD Acknowledgement I take this opportunity to extend my sincere gratitude to our guides at Tata Consultancy Services, Mr. Ashish Shetty and Ms. Varsha Nair who spent a lot of time mentoring and guiding us. The insurance ISU was a completely new arena for us. We stumbled a few times, yet they have been very patient and supportive with us, always encouraging us to give our best. I also thank the Academic relationship manager, TCS, Mr. Chandra Koduru, for helping us with the joining formalities and induction program. I would also like to thank Prof. N. R. Govinda Sharma...
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...BDO UNIBANK Inc. Personal: eBanking- online, mobile, atm and phone banking => Bank easy. Bank secure. Bank-on-the-go with BDO. BDO Electronic Banking suits your lifestyle and empowers you to get ahead. It is the fastest, safest, and easiest way to keep track of your finances anytime, anywhere through your personal gadgets i.e. PCs, laptops, tablets, and smartphones. You don't have to wait in line or plan your day around the bank hours as BDO Electronic Banking gives you complete control over your banking needs on demand. Accounts – peso savings, checking- automatic transfer facility, us dollar savings, third currency savings account- time deposit, debit card, cash card and visa travel money card. =>The best way to start. Flexibility that makes a difference in your deposit accounts. Savings and checking accounts are the most basic banking products and all these are offered by BDO. But, did you know that BDO also has customized deposit accounts that have the flexibility to make the most of your money, whatever your stage in life? Throughout these life stages, you will have different needs. As a parent, you would want your children to learn the value of money and how to manage it wisely. As a retiree, you would want to enjoy perks that reward you for your years of hard work. Whether you are single with a career, married with kids, working as an OFW or empty nesting, BDO has a variety of deposit accounts tailor fit to your needs. What’s more, our extended banking hours...
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...build financial security, providing protection for families and assets, and financing property and infrastructure projects. By delivering the right balance of security and performance, AMP helps its customers and clients own their tomorrows through: * financial planning and advice * superannuation, retirement income and other investment products for individuals * superannuation services for business and employer-sponsored schemes * income protection, disability, general and life insurance * selected banking products * investment including shares fixed interest, property and infrastructure About AMP AMP has been helping Australians take control of their financial futures and own their tomorrows for over 160 years. Founded in 1849, AMP has played a substantial role in shaping modern Australia and New Zealand by helping millions of customers build financial security, providing protection for families and assets, and financing property and infrastructure projects. By delivering the right balance of security and performance, AMP helps its customers and clients own their tomorrows through: * financial planning and advice * superannuation, retirement income and other investment products for individuals * superannuation services for business and employer-sponsored schemes * income protection, disability, general and life insurance * selected banking products * investment including shares fixed interest, property and infrastructure ...
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...Systems Analysis and Design Project Stage 3 New System Specifications And Prototype Based on Harvard Business School case 9-692-015 Manzana Insurance – Fruitvale Branch Presented to Professor Michael Palley Stevens Institute of Technology MGT 772 SB Analysis and Development of Information Systems By Team 3 TEAM 3 Systems Analysis and Design Project Stage 3 MGT 772SB Analysis and Development of Information Systems Professor Michael Palley Table of Contents SYSTEM OVERVIEW ...............................................................................................................................................4 DESCRIPTION .............................................................................................................................................................4 POLICY REQUEST TYPES ............................................................................................................................................4 BACKGROUND ...........................................................................................................................................................4 CURRENT ORGANIZATIONAL PROBLEMS AND GOALS FOR THE NEW SYSTEM ............................................................4 FILE DESIGN..............................................................................................................................................................7 BACHMAN DIAGRAMS IN THIRD NORMAL FORM (3NF)...................
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...“A Study on Purchase Decision Making Of Life Insurance Products” [Submitted on: 22.12.2014] Submitted to: Prof. Anamika Prepared by: Jayajeet Das Group-2 Roll No.-14DM012 Sec-A PGDM (2014-16) Institute of Management and Information Science, Bhubaneswar Acknowledgements “First and foremost, I avail this opportunity to express my profound sense of sincere and deep gratitude to Prof. Anamika for her valuable and meticulous supervision during the preparation of this Project Report. Last but not the least I extend my support to all my group members and respondents whose kind cooperation & support helped me to bring out the study report in a successful manner. Abstract Insurance occupies an important place in the complex modern world since risk, which can be insured, has increased enormously in every walk of life. This has led to growth in the insurance business and evolution of various types of insurance covers. This research aims at determining consumers’ attitudes towards buying life insurance products and to understand their purchase and repurchase intention. This research was conducted in Bhubaneswar of Odisha taking a sample of 75 LIC and other private insurance customers. Respondents for this survey were selected using random sampling. The survey was done by all our group members. The analysed data has been presented in the form of table, bar graphs and pie-charts. This study also analyzed the repurchasing intention of policy holders. The survey...
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...Products of Pragati Life Insurance Company are given below: Product-1 Jibon Sathi (With bonus) This is very special saving Insurance Policy. Now-a-days seen in many policy’s insured gets only half of the policy amount after 4/5 years. But in Pragati Life Insurance Policy the insured will benefit by after 5 years in every year. Characteristics: 1. After 5 years complete of policy, the insurer will get 10% of policy in every single year. After completing the policy time the insured will received the policy amount with bonus. 2. Before ending the policy time, if the insured will die by paying one or more policy in spite of that the insurance company will pay the policy amount with discount. As an example Tk. 1,00,000 policy for 11 years after 5th, 6th, 7th, 8th, 9th, 10th, years. Tk. 10,000 each total tk. 60,000 will paid by the insurer. In this policy Pragati Life Insurance will also pay after 11 years with earned bonus and remain tk. 40,000 to the insured. Product-2 Jibon Prottasha (With bonus) The aim of this policy is paying profit like bank in policy time. In now another three premium policy is term is to pay the policy money after reducing premium amount. In Jibon Prottasha Policy, after the ending of the policy time the insured will received the policy amount with profit in spite of paying only two premium. By this one policy holder will financially benefit without surrounding money or getting loan exchange policies. Characteristics: 1...
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...A.P. Economics Personal Finance Project You are required to put together a single household unit. You will choose an occupation along with a median pay scale. You and possibly a pet are the only ones in your household. Based on this information you will be responsible for setting up the household and for putting together the budget. You cannot go bankrupt. This project is worth a 100 point test grade. It will be graded on the how well you meet the requirements in this document. Be sure to look closely at the grade sheet. You will not be able to complete this is class. You will need to put this together outside of class. The due date for the project is October 8th. Late projects will be accepted deducting 10 points per day. I am looking for a realistic approach to a somewhat unrealistic problem you are presented with. I want you to take the information (numbers) you find and to apply them to a budget. If you make lots of money you are required to spend lots of money. Make sure you do. All work must be presented to me in a three ring binder. Dividers are fine but NO plastic sleeves. No content from the notebook will be returned, but you are welcome to have your binder back. Requirements Family: You must include a description of your household and a picture of those involved. It serves as a summary of your project. Be sure to include such things as occupation, salary, tax situation, housing information, car information. Also include how much...
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... | | | |THESIS | | | |ON | | [MARKET POTENTIAL OF TATA AIG LIFE INSURANCE IN GWALIOR] | A report submitted in partial fulfillment of the requirements of THE MBA PROGRAM (The Class of 2010) | | SUBMITTED TO SUBMITTED BY DR. SANJAY SHRIVASTAVA AMIT KAPASIYA CAMPUS HEAD 8NBGR024 INC GWALIOR MBA (2008-10) MR. K.S. RATHOR FACULTY SUPERVISOR INC GWALIOR CERTIFICATE This is to certify...
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...Insurance Sector Analysis Project Details: Subject: Financial Management Topic: Insurance Sector analysis Teacher in charge: KB sir Made by: 1. Abhinav Aggrawal, BFIA 1A Roll number: 75101 2. Akhil Bedi, BFIA 1A Roll number: 75107 3. Jessica Singh BFIA 1A Roll number: 75124 Teacher Remarks: Contents Insurance Sector Analysis 1 Project Details: 2 Acknowledgement 4 An Overview of the project: 5 Objective: 5 A Brief History 8 Insurance Sector: Growth 9 Life insurance: 10 General Insurance 11 Ratio Analysis 13 Return on Equity 14 Combined Ratio 15 Debt Equity 17 Loss Ratio 18 Financial Statement Analysis 19 Profit 20 Share Capital 22 Reserves 24 Premium 26 Investments 28 References 30 Acknowledgement We would like to express our gratitude towards KB sir, who gave us the golden opportunity to peep into the financial world, and comprehend and adopt the techniques of analysis and interpretation. Alongside, he has also guided and directed the progress of this project as a member itself, assisting us at every dead lock. We are really thankful to him. Secondly, we would also like to thank the college authority for facilitating such an exposure and providing amenities that made this project possible. Lastly we would like to express appreciation towards each other for the cooperation and commitment shown by each member of the group, which helped shape this project within the limited time. Thank you...
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...Business Decision Making Project, Final Silke Robinson Statistics QNT 275 October 5, 2014 Barry Adkins Business Decision Making Project, Final Data Collected The data that was collected and used for this report is the total accident payout for the State Farm company customer when in an at fault accident with a Star & Shield Insured in Leon County, Florida. The number reflects the total payout after the accident was completely settled, and as such can contain underlying data that would include which specific coverage was used to pay the claim. We could break the numbers down even further, by coverage, however for the purpose of this report, we will just use the totals. Total payouts by Quarter If we take the above chart for example, we can tell that the total payout, by quarter, has continued to climb over the last four years and in 2013 total payout number more than doubled over the previous year. In the insurance industry, knowing why how and why the sharp increase occurred is very important in order to stay competitive and in business. The above chart tells us that something significant happened in 2013 that increased payouts that much. Since the above data is from the State of Florida, chances are that some major natural disaster can be held responsible for spike in claims. Again, the company would have to break these numbers down a lot further, to see what coverage was used. If we only looked at the average payout, displayed above, we might be...
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...FIS 250 Week 3 DQs part 1 of 2 FIS 250 Week 3 DQs part 2 of 2 FIS 250 Week 4 Assignment: Interpreting Insurance Contracts FIS 250 Week 4 CheckPoint: Determining Loss Outcomes FIS 250 Week 5 CheckPoint: Life Insurance Needs Analysis FIS 250 Week 5 DQs part 1 of 2 FIS 250 Week 5 DQs part 2 of 2 FIS 250 Week 6 Assignment: Group Medical Expense Plans FIS 250 Week 6 CheckPoint: Group and Group Life Insurance FIS 250 Week 7 CheckPoint: Loss Settlement Payments FIS 250 Week 7 DQs part 1 of 2 FIS 250 Week 7 DQs part 2 of 2 FIS 250 Week 8 Assignment: Losses Covered Under PAPs FIS 250 Week 8 CheckPoint: PAP FIS 250 Capstone Discussion Question FIS 250 Final Project: Playing the Professional FIS 250 COMPLETE CLASS To purchase this visit here: http://www.activitymode.com/product/fis-250-complete-class/ Contact us at: SUPPORT@ACTIVITYMODE.COM FIS 250 COMPLETE CLASS FIS 250 Week 1 CheckPoint: Risk Management Methods FIS 250 Week 1 DQs part 1 of 2 FIS 250 Week 1 DQs part 2 of 2 FIS 250 Week 2 Assignment: Risk Management Process FIS 250 Week 2 CheckPoint: Risk Management Objectives FIS 250 Week 3 CheckPoint: Underwriting, Claims, and Reinsurance FIS 250 Week 3 DQs part 1 of 2 FIS 250 Week 3 DQs part 2 of 2 FIS 250 Week 4 Assignment: Interpreting Insurance Contracts FIS 250 Week 4 CheckPoint: Determining Loss Outcomes FIS 250 Week 5 CheckPoint: Life Insurance Needs Analysis FIS 250...
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