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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.

Chief risk officer (CRO)

The term "Chief Risk Officer" refers to a vital role in many companies, responsible for overseeing the implementation of a comprehensive risk management plan. This position ...

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Contractual liability

As an expert in finance, it is crucial to understand the concept of liability in contractual agreements. These agreements outline the responsibility of specific parties to b...

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Credit life insurance

A vital element in any financial plan is life insurance, specifically coverage for borrowers. This safeguards against the unfortunate scenario of a borrower's death before t...

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Direct writers

Insurance companies can use various methods to sell insurance directly to the public. This can include using exclusive agents, their own employees, or even online platforms....

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