The growth and profitability of an organization depends critically on the environment in which it exists. Any environment change has an impact on the organization in different ways....
This essay gives the comparisons and contrasts between insurance and risk management. These two terms have often been misinterpreted to mean the same whilst they are not.
Financial instability is not a thing of the history. Northern Rock or Continental Illinois can be good examples of how far bank failures can damage to the economy. Deposit insurance...
This essay highlights the similarities and differences between insurance and risk management. These two terms are often confused; therefore this essay brings out the difference clearly.
There are several distribution channels of products of companies; therefore this essay has an overview of the most commonly relied upon. It has also discussed on their effects.
This essay has discussed on underwriting which is a process whereby risks are assessed. it has outlined the roles of underwriting, basic principles, classes of insurances e.t.c