Book Summary of General Insurance: Principles and Practice The book integrates the general insurance principles and practices to present the business model that works across the insurance industry. General insurers are contributing to corporate risk management and protection of underlying assets of financing banks. With increased litigations and consumer activism, general insurance is also assisting in liability and/or casualty management of individuals and corporate. Fire, marine, and miscellaneous including motor insurance are major lines of general insurance. Underwriting and claims management are critical for general insurance though aspects such as marketing, asset management, survey and adjustment are other technical areas of general insurance. Key Feature • Developed to help students and insurance professionals to become self-reliant in undertaking research, problem solving, and problem formulation • Will assist users to acquire expertise to determine their own priorities, to interpret and use insurance concepts effectively, and to monitor the training skills in their executives • Case studies and illustrations weaved through out the series to give theoretical as well as practical insight into various aspects of insurance operations Table of Contents 1. Origin of GeneralInsurance and Its Concepts 2. Basic Principles of Insurance 3. General Insurance Market 4. Insurance Forms 5. Types of Insurance 6. Underwriting and Rating practices 7. Claims Practice and Procedure 8. Organisational Structure of an Insurance Company
