24th November 2020
Pricing of Insurance products
Schedule Rating Method Insurance pricing methods also known as rate making provide baseline or standard rates that form the basis…
Study BBA, BMS, B.Com, Mba Syllabus wise Notes
Schedule Rating Method Insurance pricing methods also known as rate making provide baseline or standard rates that form the basis…
Reinsurance Reinsurance is also known as insurance for insurers or stop-loss insurance. Reinsurance is the practice whereby insurers transfer portions…
An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of…
Expected claim cost: Claim cost must be paid by the insurer for a contract or group of contracts. This cost…
Arbitrage involves simultaneously buying and selling a security at two different prices in two different markets, with the aim of…
Arbitrage pricing theory (APT) is a multi-factor asset pricing model based on the idea that an asset’s returns can be…
The risk assessment matrix will help your organization identify and prioritize different risks, by estimating the probability of the risk…
Step 1: Establish an Enterprise Risk Structure ERM requires the whole organisation to identify, communicate and proactively manage risk, regardless…
Enterprise risk management (ERM) is a plan-based business strategy that aims to identify, assess, and prepare for any dangers, hazards,…
Differences and Solutions Enterprise risk management is an extension of traditional risk management, and differs in the following ways. Strategic…