ASSIGNMENT

DRIVE
PROGRAM
SEMESTER
SUBJECT CODE &
NAME
BK ID
CREDITS
MARKS

SPRING 2016
MBA
4
MF0018 & INSURANCE AND RISK MANAGEMENT
B1816
4
60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400
words. Each question is followed by evaluation scheme.

Q.No

Questions

Marks

Total
Marks

Explain price risk and its types. Explain Risk management methods
Explanation of price risk and types

Explanation on risk management methods

10

An organization is a legal entity which is created to do some activity of some purpose.

There are elements of a life insurance organization. Explain the elements of life
insurance organization.

Important activities

Internal organization

Distribution system

Functions of the agent

10

Explain the doctrine of indemnity, doctrine of subrogation and warranties and its
types and classification.

Explanation of doctrine of indemnity

Explanation of doctrine of subrogation

Explanation of warranties and its types and classifications

10

Give short notes on :

Evidence and claim notice.
Subrogation
Salvage
Evidence and claim notice

10

Subrogation

Salvage

Explain the marketing mix (7 Ps) for insurance companies

Explanation on the marketing mix for insurance companies

10

10

Explain the benefits of reinsurance. Elaborate on the application of reinsurance.

Benefits of reinsurance

Application of reinsurance

10