The book has been organised into five modules: Module 1 introduces the concept of risk management to the readers. Chapter 1 conceptualises the risk definitions, classes of risk and the methods of handling risk and the role and importance contracts. It attempts to provide an overall view of the risk management and control systems. Chapter 2 discusses the various principles underlying insurance contracts. Chapter 3 discusses the IRDA Act, of 1999 and the regulations framed thereunder. Module 2 discusses the various facets of life insurance. Chapter 4 contains the basic of life insurance. Chapter 5 explains the product development processes. Chapter5-8 deals with the life insurance besiness, the practical aspects of selection and treatment of risk, pricing, claims, the players and products and life insurance agency business. Module 3 and 4 discuses the dominant, standard non-life insurance categories, viz, and fir and marine. Chapter 9 discusses the various marine insurance products, maritime frauds and claims settlements. Chapter 10 talks about the fire insurance contracts various fire policies pricing and claims settlement procedures. Module 5 deals with various non-traditional urban insurances including the burglary and personal accident insurance and also reinsurance. Chapter 11,12 and 13 respectively discuss the reinsurance business, health business and motor and miscellaneous insurance respectively. Contents : Module I Chapter-1: Introduction to Insurance Chapter-2: Principles of Insurance Chapter-3: Basic Insurance Law Module II Chapter-4: Introduction to Life Insurance Chapter-5: Product Development Chapter-6: Life Insurance-Risk Chapter-7: Assignment of Life Policies Module III Chapter-8: Life Insurance Claims Module IV Chapter-9: Maritime Losses and Claims Insurance Module V Chapter-10: Fire Inurance Chapter-11: Reinsurance Chapter-12: Health Insurance Chapter-13: Motor Miscellaneous Insurance

This is Textbook for Post-Graduate Diploma in Insurance. Insurance business is now thrown open to private enterprise. We have as of now a dozen private Insurers each in Life Insurance and General Insurance Sectors. With IRDA's active regulation, Insurance sector is poised for well-sustained growth in future. Public interest in Insurance is growing. While the prospective agents study the Text Book prepared by Insurance Institute of India, paucity of such book for general public was keenly felt. Insurance is now receiving serious attention by colleges and universities also. This text book prepared as a part of the Study course for post graduate Diploma in Insurance would be found useful also to a layman who wants to know about the basics of Life Insurance. It will satisfy the needs of student population in general as well. Contents : 1. Life Insurance- Principles 2. Life Insurance- Contract 3. Life Insurance- Risk 4. Life Insurance- Policies 5. Life Insurance- Salesmanship Annexures

Principles and Practice of Insurance is a wide and diverse subject. In view of the increasing scope of Insurance, it is essential to acquire a general basic knowledge of the insurance business as a whole and this should certainly be the first step to be taken by the new entrant with an insurance career ahead of him. Because of its increasing insurance, it has become a special subject of study in Commerce and Management courses in many universities in India. This book entitled 'Principles and Practice of insurance', provides a detailed coverage of Risk Management, General Insurance, Life Insurance, Fire insurance and Marine insurance in a comprehensive way, keeping mainly the interest of the undergraduate and post graduate students of Commerce and Management in view. Contents : 1. Nature and Scope of Risk Management 2. Method of Handling Risk 3. Management of Risk 4. Nature of Insurance Business 5. Reinsurance 6. Privatisation of Insurance Business in India 7. Classification of Insurance 8. Principles of Contract of Insurance 9. Insurance Documents 10. Life Insurance 11. Classification of Life Insurance Policies 12. Assignment of Life Policies 13. Life insurance Corporation of India (LIC) 14. Marketing of Life Insurance 15. World Life Insurance Market 16. LIC Financial Services 17. Role of Development Officer 18. Role of Insurance Agents 19. General Insurance Business and Role of GIC 20. Nature of Marine Insurance Contract 21. Kinds of Marine Insurance Policies 22. Impprtant clauses in Marine Policy 23. Marine Losses and Abandonment 24. Nature of Fire Insurance Contract 25. Types of Fire Policies 26. Fire Insurance Claims 27. Miscellaneous Insurance 28. National Agricultural Insurance Schemes 29. Fidelity Guarantee Insurance 30. Property Insurance 31. Motor Vehicle Insurance 32. Health Insurance 33. Cattle Insurance and Engineering Insurance 34. Public Liability Insurance 35. Insurance Regulatory and Development Authority (IRDA)

There are innumerable threats of financial losses in one`s family and business. At present, economic security has become paramount for human beings in all spheres of their lives. to eliminate or reduce the financial risk, it has become utmost important for all the human beings to get their movable/immovable property and their life insured. Insurance is not only beneficial for the individual concerned but it is an effective tool for economic development of the community and the nation at large. Today, insurance has become an important device for risk management as it affects people in all walks of life. That is why insurance industry secures an important place among financial institutions operated in service sector throughout the world. Due to increasing complication of life, trade and commerce, individuals as well as business entities tend to move to insurance to manage various risks. Every human being in the world is exposed to unforeseen and unexpected hazards or dangers, which may make him and his family vulnerable. Insurance is a system that ensures an individual to protect against adverse consequences by compensate the individual his/her loss financially. In this book, an attempt has been made to throw light on some important aspects of principles of insurance, as prescribed in the syllabi for the course. Contents : 1. Insurance 2. Insurance Agent 3. Life Insurance 4. Elements of Contracts 5. Fire Insurance 6. Marine Insurance 7. Miscellaneous Insurance 8. Insurable Interest 9. General Insurance Corporation of India 10. Emerging Trends in Insurance Sector 11. Life Insurance Corporation of India (LIC) 12. Insurance Policies in Practice Appendix I : Insrance Regulatory and Development Authority (Licensing of Insurance Agents) Regulations, 2000 Appendix II : According to Annual Report of IRDA 2010-11. Life Insurance Products of Various Public and Private Insurers. Appendix III : Glossary

The Book titled 'Insurance Management' Text and cases provide a comprehensive coverage of Insurance. The book has been organized in six parts. Part One : Contains three chapters including understanding of risk, types and sources of risk, risk management and control, etc. This part elaborates the complexities in risk management and tries to emphasize on theories of risk management. Part Two : Covers four chapters, including introduction to insurance, insurance need analysis, Principles of insurance contract and the history of insurance. Part Three : This covers nine chapters, introducing life insurance and focuses on different aspects of life insurance such as policy conditions, mortality table, premium payment pattern, life insurance products, settlement of claim and organization of LIC India. Part Four : Covers various aspects of fire insurance such as principles of fire insurance, different fire insurance policies and claim settlement. It also deals with marine insurance contract, marine insurance policies, marine losses, premium payment, clauses in marine insurance policy and claim settlement in marine insurance. Part Five : It explores insurance regulation in India, starting from Tariff Advisory Committee and detariffication, registration of insurance company, protection of policyholders, marketing of insurance products, and guidelines for advertisement, loss prevention association. It also includes bancassurance, reinsurance and double insurance. Part Six : This part comprehensively covers the emerging sectores of insurance in niche such as health insurance, agriculture insurance, micro insurance, motor insurance and accident insurance. This part also covers the social and rural sector obligations of insurance companies, role of information technology in insurance and various aspects of competitive environment such as mindset of consumers, adequacy of capital, market related policies, cost consciousness, etc. This book has some unique features. At the end of each chapter, questions for discussion, projects and assignments, the relevant case studies and IRDA guidelines have also been given. A glossary on insurance has been given in the appendix for easy reference. Contents : Part One: Introduction To Risk Management 1. Understanding Risk 2. Risk Management 3. Theories of Risk Management Part Two: Introduction To Insurance 4. Introduction to Insurance 5. Insurance Need Analysis 6. Principles of Insurance Contract 7. History and Development of Insurance Part Three: Life Insurance 8. Introduction to Life Insurance 9. Mortality Tables 10. Premium and Bonus 11. Policy Conditions 12. Life Insurance Products 13. Annuity 14. Settlement of Claims 15. ULIP And Pension Plans 16. Life Insurance Corporation of India Part Four: General Insurance 17. Introduction to Fire Insurance 18. Principles of Fire Insurance 19. Fire Insurance Policies and Claim Settlement 20. Introduction to Marine Insurance 21. Marine Policies and Clauses 22. Marine Losses and Claim Settlement Part Five : Regulation of Insurance In India 23. Tariff Advisory Committee 24. Registration of Insurance Company 25. Protection of Policyholders` Interest 26. Marketing of Insurance Products 27. IRDA Rules and Regulations GOverning Advertisement 28. Bancassurance 29. Reinsurance 30. Loss Prevention and Control Part Six : Miscellaneous Insurance 31. Health Insurance 32. Agriculture Insurance 33. Accident and Auto Insurance 34. Micro Insurance 35. Terrorism, Kidnap and Ransom Insurance 36. Property Insurance 37. Liability Insurance 38. Critical Illness Insurance 39. Rural and Social Sector Regulations 40. Underwriting 41. Rural Insurance in India 42. Special Types of Insurance 43. Insurance and Information Technology 44. Competitive Environment 45. Analysis of Financial Statement of Insurance Company 46. Career in Insurance

We have enormous fulfilment in presenting the first edition of the Title 'Life and General Insurance' written for students of Under Graduation courses. The subject matter is written in a simple and easily understandable language with adequate support from realistic information This is an endeavor to provide the students with thorough understanding of Life and General Insurance related concept. While writing this book we have benefited greatly from the studies of a number of books and the articles written by scholars widen over diversely. In writing the book special care has been taken to avoid gaps in the sequential arrangement of topics in the syllabus and logically developed the various topics such as Introduction to Life Insurance, Life insurance products, Life insurance underwriting, Sources of data, Concept of extra mortality, Occupational hazards. The brief explanations have given related to Legal Aspects of Insurance, Indian contract Act, Insurance laws, Insurance Act, LIC Act, IRDA Act, Claim Management, Claim Settlement, Consumer Protection Act, Re-Insurance in Life Insurance. This book also contains the information about Introduction to General Insurance, Risk assessment, underwriting and ratemaking, Product design, Insurance Industry, Re-Insurance, Functions, Methods of Re-Insurance. Topics covered are discussed, as far as possible, in a fairly self-contained manner. Contents- 1.Introduction to Life Insurance 2. Legal Aspects of Life Insurance 3. Clam Management and Re-Insurance 4. Introduction to General Insurance 5. Insurance Industry

This book titled 'Strategic Management and Entrepreneurship' attempts to provide a conceptual view and a comprehensive insight into the basics of corporate strategy and its policy implication. The book has been designed keeping in view the curriculum of strategic management course in various universities in Orissa and is intended for the MBA, BBA, Integrated MBA of many universities of Orissa. This book deals with basics of Strategic management in a comprehensive but concise manner. We have tried to incorporate real life corporate example to give a better understanding to the students on the concepts principle and practices. Pertaining to Strategic Management. The framework of our book its reinforced by 12 case studies that encompasses the aboard spectrum of Strategic Management – Principles and practices. The book is written in a clear and easy to read style. The textbook is divided into 12 chapter which covers Corporate Strathy: An Overview, Mission and objectives, Strategic Management Process, Environmental Analysis and Environmental Scanning, Internal Analysis, Competitive analysis, Business Portfolio Analysis, Mergers and acquisitions, Strategic Alliances, joint Ventures and Divestment, Diversification Strategies, Strategic Alternatives, Strategy Evaluation and Control, Entreprnatives, Strategy Evaluation and Control, Entrepreneurship Development. The purpose of this textbook is to provide the management students with the requisite practical orientation and exposure for understanding the real world business situation. Strategically, we have tried to keep the book simple compact and learner friendly. Contents : 1. Corporate Strategy: An Overview 2. Mission and objective 3. Strategic Management Process 4. Environmental Analysis and Environmental Scanning 5. Internal Analysis 6. Competitive Analysis 7. Business Portfolio Analysis 8. Mergers and Acquisitions 9. Strategic Alliances, Joint Ventures and Divestment 10. Diversification Strategies 11. Stategic Alternatives 12. Entrepreneurship Development 13. Strategy Evolution and Control 14. Case Study 15. References

The second edition of Business Environment for Strategic Management has been enriched with the following changes: 1. Four new chapters have been added: Chapter 2 – Business Environment Chapter 31 – External Sector Chapter 36 - Business Ethics Chapter 37 - Corporate Governance 2. At the end of each environmental factor is included a section on its analysis and integration in the corporate strategic management. 3. A new features assignment is added at the end of each of each chapter. If taken up by the students seriously, assignment help them bridge the gap between what is being practiced in the industry and what is being read in the book. 4. Each page the margin notes which are value add to the book. 5. The book has new outlook and multiple colour printing. Contents : 1. Nature in Business 2. Business environment 3. Meaning and Rationale for Globalization 4. Strategies for Going Global 5. From Domestic Market to Global Markets 6. India, WTO and the Trading Blocks 7. Technological Environment 8. Political Institutions 9. The Constitution of India 10. Rationale and Extent of State Intervention 11. End of Government in business? 12. Economics Environment 13. Industrial Policy 14. Industrial Licensing 15. From the MRTP Act, 1969 to the Competition Act, 2003 16. From Foreign Exchange Regulation Act, to Foreign Exchange Management Act 17. The Companies Act, 1956 18. Public Sector Enterprises 19. Privatisation 20. Small Scale Industries 21. Industrial Labour 22. Industrial Sickness 23. Exit Policy 24. Infrastructure 25. Development Banks 26. Stock Exchanges 27. Monetary and Fiscal Policies 28. Agriculture 29. Balanced Regional Development 30. Price and Distribution Controls 31. External Sector 32. New Economic Policy 33. Cultural Environment 34. Social Responsibility of Business 35. Business and Society 36. Business Ethics 37. Corporate Governance 38. Natural Environment 39. Integrating Environment and Strategic Management

Business Perspectives takes an aerial view of business. The nature of business, the environmental forces impacting its functioning and the like have been discussed in detail. Such micro issues as organizing facilities, hiring people, converting inputs into saleable products and how they are marketed are not being covered in the book. The book has 20 chapters divided into three parts, Part 1 contains two chapters and both these seek to explain the nature of business and how the environment is analysed and used for the benefit of an organization. Part 2 has 15 chapters. All these chapters contain details explanation of all the environmental facets impacting business. Specifically this part throws light on political-legal, economic, technological and global forces surrounding business. The remaining three chapters form Part 3 of the book. These three chapters deal with the social concerns of businesses. Thus, the treatment of the subject is fairly comprehensive. A flip through the book will convince the reader that it is rich in pedagogy. Each chapter commences with chapter outline, learning objectives and has, towards the end, questions and assignments. Margin notes are helpful to the readers in as much as they help recollect concepts quickly. Exhibits contain interesting anecdotes. The text is full of examples drawn from contemporary business world. Contents : Part − I 1. Nature of Business 2. Business Environment 3. Political Institutions 4. Rationale and Extent of State Intervention 5. End of Government in Business? Part − II 6. Economic Environment 7. Industrial Policy 8. Pubic Sector Enterprises 9. Privatisation 10. Small Scale Industries 11. Entrepreneurship 12. Infrastructure 13. Industrial Sickness 14. Monetary and Fiscal Policies 15. External Sector 16. Technological Environment 17. Meaning and Rationale of Globalisation Part − III 18. Social Responsibility of Business 19. Business Ethics 20. Corporate Governance Cases

Being in circulation for more than two decades, ESSENTIALS OF BUSINESS ENVIRONMENT has witnessed lows and highs of Indian businesses. The book was a bystander to the tightly controlled business environment and has been an eye-witness to the post-reform periods. During these periods, the book has captured all the changes and developments clearly, comprehensively and objectively. No surprise, the book has gained acceptance across the country. The sixteenth edition is comprehensive. It covers topics which have been held as game changers such as Pandemic, Make in India, Skill India, Demonetisation, Farm’s Loan Waivers, GST and many more. The book is a storehouse of data on various topics of business environment. Some of the tables are as recent as 2021. Contents : Part − A 1. Understanding the Nature of Business 2. Environment and Strategic Management Part − B 3. Meaning and Rationale for Globalisation 4. Strategies for Going Global 5. Foreign Direct Investment 6. India, WTO and the Trading Blocks Part − C 7. Technological Environment Part − D 8. Political Institutions 9. The Constitutions of India 10. Rationale and Extent of State Intervention 11. End of Government in Business? Part − E 12. Economic Environment 13. Industrial Policy 14. Industrial Licensing 15. Competition Law and Foreign Exchange Management Act 16. Companies Act, 2013 17. Public Sector Enterprises 18. Privatisation 19. Micro, Small and Medium Enterprises (MSMEs) 20. Industrial Labour 21. Industrial Sickness 22. Exit Policy 23. Infrastructure 24. Development Banks 25. Stock Exchanges 26. Financial System 27. Fiscal System 28. Agriculture 29. Balanced Regional Development 30. Population and Human Development 31. External Sector 32. New Economic Policy Part − F 33. Cultural Environment 34. Social Responsibility of Business 35. Business and Society 36. Social Audit 37. Business Ethics 38. Corporate Governance Part − F 39. Natural Environment