Insurance

Insurance :

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Overview

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Insurance may be described as a risk management tool??primarily used to hedge against the risk of a contingent loss . Insurance companies are responsible for issuing such guarantees and the collected amount is invested in financial instruments ?to take care losses and claims . Most Common type insurance covers are auto insurance,?home insurance,?health insurance,?casualty insurance,property insurance , life insurance . In certain cases , government regulations strenghten the need of insurance in order to pursue business .

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Occupations

Analyst / Research Associate - Responsible for understanding complex algorithms and design policy structures .

Marketing , Business Development and Operations Executive – Responsible for carrying out market analysis in conjunction with trend analysis , streamlining logistics and back ends operations .


Key Trends

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As a result of globalization, deregulation and recent terrorist attacks, the insurance industry has gone through a tremendous transformation over the past decade. But although Insurance Industry has been hit hard , government support and necessity is pulling it back to it feets .?


Top Companies

Interesting Companies to work for around the world : AIG , FairFax Financial, New York Life, Allianz

Top domestic? (Indian) companies are LIC, ICICI Lombard ,Bajaj Allianz and many others .


India Angle?

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With relaxing of FDI (Foreign Direct Investment ) ?ban , many global major have made their much awaited entry into Indian markets . With this Indian Insurance ?has been growing at annualized CAGR of around 15 % , it is set to be next big employment generator in India .?

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Related posts:

  1. Fashion
  2. Investment Banking
  3. Consumer Electronics
  4. Biotechnology
  5. Chemical

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