MODULE - 2 Principles of General Insurance Principles of Insurance 5 Notes FUNDAMENTALS/PRINCIPLES OF GENERAL INSURANCE 5.0 INTRODUCTION After studying, the life insurance and its importance, the over aspect of insurance other than ‘Life Insurance’ would is General Insurance. In this chapter, we cover various aspect of General Insurance such as Principles of utmost Good faiths material fact Principle of Insurable Insures and Principle of Indemnity. General Insurance comprises of insurance of property against fire, burglary etc, personal ...
MODULE - 4 Liability Insurance & Documents in General Insurance Practice of General Insurance 7 Notes LIABILITY INSURANCE & DOCUMENTS IN GENERAL INSURANCE 7.0 INTRODUCTION In previous chapters we have explained various products of general insurance and they fall under the category of Property Insurance. It means the insurance of physical goods which are fixed at one place or moving by road or sea or air or rail. In some situation, by any act, wilfully or unwilling ...
MODULE - 4 Personal Accident Insurance Practice of General Insurance 4 Notes PERSONAL ACCIDENT INSURANCE 4.0 INTRODUCTION 4.1 OBJECTIVES At the end of this lesson, you will be able to: z Know the meaning of Personal Accident insurance z Buy the Personal Accident insurance z Settle the claim under Personal Accident insurance z Types of Personal Accident polices z Know what is not covered under fire insurance 4.2 MEANING OF PERSONAL ACCIDENT INSURANCE The purpose of personal ...
General Insurance Introduction to General Insurance Item 1 - General AUGUST 2014 Insurance Introduction Exam - August 2014 Important Exam Information: Exam Registration Candidates may register online or with an application. Order Study Notes There is no study note package for this examination. Introductory Study Note The Introductory Study Note has a complete listing of all readings as well as errata and other important information. Case Study There is no case study for this examination. Past Exams The February 2014 ...
Good General Insurance (International) Limited Selected illustrative disclosures for IFRS 17 Insurance Contracts (Premium allocation approach), IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures ® International GAAP Illustrative consolidated financial statements Contents Abbreviations and key ............................................................................................................................................... 2 Introduction .............................................................................................................................................................. 3 Statement of profit or loss and other comprehensive income ..................................................................................... 5 Statement of financial position ................................................................................................................................. 7 Statement of changes in equity ................................................................................................................................. 8 Statement of Cash flows ........................................................................................................................................... 9 Scope of the publication .......................................................................................................................................... 10 Notes to the financial statements ........................................................................................................................... 10 Appendix 1- Scope ...
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