Friday, November 22, 2013

Introduction to Insurance

INSURANCE Evolution & maturement Evolution of insurance ? shipboard soldier insurance ? Fire Insurance ? Life Insurance ? mingled Insurance Common Features of Development 1. Insurance developed basically in response to a engage created by the insuring community. 2. Industrial transformation of the 19th century. Common Features of Development 3. In early old age there were absence of reliable statistical data and a priori soundness 4. Diversifications considering multi-various demands Common Features of Development 5. The idea as to sustentation of coyness for withstanding catastrophe losses gradually developed. 6. The necessity of re restitution gradually developed with the increment in insurance underwriters commitment on a point risk. Development of Insurance in Bangladesh ? Jatiya Bima great deal ? Teesta Bima Corporation ? Karnaphuli Bima Corporation ? Rupsha Jiban Bima Corporation ? Surma Jiban Bima Corporation Formation of Two Corporations ? Shadharan Bima Corporation ? Jiban Bima Corporation Bangladesh Insurance Academy (BIA) Objectives & Functions Objectives of BIA 1. To win, organize and feed professional education in insurance leading to Degrees/Diplomas/Certificates Objectives of BIA 2.
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To organize, conduct and promote research on problems of insurance industry Objectives of BIA 3. To organize and conduct inservice training for the officers and employees of JBC and SBC and withal employees of the organizations traffic in insurance Objectives of BIA 4. To facilitate, promote, encourage and foster progeny of research ! work and literature on matters of insurance refer Objectives of BIA 5. To establish and maintain close contact with experts and similar institutions at home and abroad, Objectives of BIA 6. To come through coaching facilities for the standard examinations alike(p) ACII, CLU etc. Objectives of BIA 7. To award prizes and rewards to persons who...If you want to stick out a full essay, order it on our website: BestEssayCheap.com

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