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Insurance

IRDA

As a finance professor, I would like to introduce you to the Insurance Regulatory and Development Authority of India (IRDAI). This governing body serves as the backbone of the insurance industry in India, safeguarding the rights of policyholders and promoting the steady development of this sector. Through its regulatory efforts, the IRDAI ensures the proper functioning and growth of the insurance market in India.

Unplanned retention

Risk-taking is a fundamental aspect of finance, and it involves recognizing and accepting potential risks. However, the concept of implicit risk refers to a situation where ...

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Dynamic risks

One of the fundamental concepts in finance is the idea of risk. It refers to the uncertainties that arise due to changes in the world around us. Whether these risks are pure...

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Enterprise risk management

Managing both pure and speculative risks simultaneously is known as integrated risk management. This approach involves combining strategies to mitigate risks that arise from...

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Political risk insurance

. Businesses operating in foreign countries face the risk of political upheaval, including war, revolution, or confiscation of property. This risk can have a significant imp...

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