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Unit 14: Trends in Insurance Sector

6. Explain the recent trends in health insurance. Notes
7. Briefly explain the functioning of Ombudsman. Discuss current trends of the general
insurance market briefly.

Answers: Self Assessment

1. Actuaries
2. Pay-outs
3. Probabilities, possibilities
4. Advisory
5. Guidelines

6. Investment
7. Ombudsman
8. Tariff-based

14.6 Further Readings

Books Gulati, Neelam. C. (2011), Banking and Insurance, Excel Books.

Gulati, Neelam. C. (2013), Principles of Risk Management and Insurance, Excel Books.
Krishnaswamy, G. (2009), Principles and Practice of Life Insurance, Excel Books.
Misra, M.N. and Mishra, S.B. (2009), Insurance Principles and Practices, S. Chand
Publication.
Sahoo and Das (2009), Insurance Management: Text and Case, Himalaya Publication.

Online links http://www.flame.org.in/KnowledgeCenter/Currenttrendsofthegeneral
insurancemarket.aspx#sthash.fEVBAeQm.dpuf
http://www.nios.ac.in/media/documents/VocInsServices/m1-1f.pdf
http://www.aliactuary.com/actuary.htm

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