Discuss using practical example how risk management objectives fascilitates an insurer’s role as a personal risk manage?

Q: For automobile insurance, Describe how risk can be managed. Evaluate the risks in society.…

A: Automobile Insurance: When you get auto insurance, you enter into a contract with the insurance…

Q: Liability management plays a critical role in the risk - return profile of banks. In the present…

A: Liability management plays a critical role in the asset and liability management of the banks. Banks…

Q: Describe a situation in risk management that involves ethical aswell as financial issues.

A: Ethical issue: the risk that arrives due to not following the code of conduct as prescribed by the…

Q: What are the performance measures of an insurance company?

A: Insurance is a contract in which an individual or business receives financial protection or…

Q: How can knowledge of call options help a financial manager to better understand warrants…

A: It is a contract to purchase a financial asset from one party and sell it to another party on an…

Q: What is the role of Insurance company?

A: Answer no 3. Insurance companies are a part of financial system and considered as a safeguard the…

Q: INSURANCE

A: Competence Competent parties square measure parties UN agency square measure themselves de jure…

Q: Describe the effects of risk planning on risk evaluation and treatment.

A: Risks Planning plans help a business to determine what their risks are so that one can lessen their…

Q: why a company would prefer to hedge over taking an insurance to minimize on risk

A: Company faces many kinds of risks during the operating of the company so company has to manage all…

Q: Who are the target customer of insurance companies?

A: Future events are uncertain and unavoidable, due to which risk arises. There are various methods to…

Q: In the context of your organization, evaluate its main sources of potential financial risk using…

A: Financial risk: Financial risk is defined as the chance of uncertainty in a financial incident, such…

Q: Which of the following is not an insurance management tool? Group of answer choices deductibles.…

A: Insurance management: Insurance Management is the administration of all insurance requirements, both…

Q: How would an investor communicate to clients their ethical and professional standards when managing…

A: According to CFA institute, six guidelines related to the code of conduct is laid out in the Code of…

Q: risk" factor

A: Risk is a term that shows the possibility of injury or loss to the health, business, vehicle, etc.…

Q: Describe how the insurance company's solvency and management status are evaluated.

A: The term insurance company is used to describe a company that writes insurance policies, pays…

Q: Which of the following is a type of captive formed to write most types of liability insurance…

A: A captive insurance firm is a special arrangement for insurance, which is a subsidiary insurer to…

Q: IDENTIFICATION: What area of insurance companies is faced with the risk that estimates of loss…

A: Insurance risk management is referred as an assessment as well as quantification of the financial…

Q: Detail some of the advantages and disadvantages of setting up a trust.  Why set up an irrevocable…

A: Setting up the trust Advantages: There is a possibility of limited liability when there is an…

Q: Who are front-line underwriters? What are premium volume and loss experience with the insurer? What…

A: Underwriters are the person who sell theshares on behalf of the firm. They are very useful for the…

Q: Discuss the objectives of the risk management process. Why should you follow a regimented and well…

A: Risk management is a strategy for preventing and controlling dangers to a company's operations. It…

Q: For insurance companies risk management is critical to the success and viability of their business.…

A: An underwriter's risk of loss is known as underwriting risk. Underwriting risk in insurance can…

Q: How does credit risk affect insurance companies

A: Credit risks affect insurance companies in a tangible and often direct manner.

Q: e importance of establishing an effective risk management policy at insurance companies to manage…

A: Introduction : In simple words, risk management refers to the phenomenon under which a company…

Q: How insurance companies works?

A: Insurance companies are the type of organizations that were established in order to cover the…

Q: Explain the benefits of positive risk taking for individuals accessing services

A: Positive risk taking : Risk means loss or harm i.e., something harmful will happen. For an…

Q: Define the following terms:1. Pure risks2. Speculative risks3. Demand risks4. Input risks5.…

A: “Hey, since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

Q: Discuss the importance of establishing an effective risk management policy at financial institutions…

A: The question is based on the concept of financial risk management and its importance in financial…

Q: How does insurance commission assures the investing public on the safety of the insurance products…

A: Insurance Commission is an amount paid to the broker or agent of insurance products for selling the…

Q: What does underwriting mean? (b).              Differentiate between “underwriting” and “best…

A: Underwriting is a function provided by banks, insurance companies, investment houses, etc...  The…

Q: What is participating in insurer management? What is treaty reinsurance? What is facultative…

A: Participating Policy: When a policyholder receives a dividend, such types of an insurance contract…

Q: Describe some regulatory actions that have influenced theevolution of risk management.

A: Regulatory Actions are the actions that are substantive, i.e. required to meet the expectations.…

Q: How does the Insurance Commission assure the investing public on the safety of the Insurance…

A: Insurance Commission is an amount paid to the broker or agent of insurance products for selling the…

Q: For insurance companies risk management is critical to the success and viability of their business.…

A: Identifying, analysing, and managing risk are all part of risk management. The beauty of a…

Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.