Compare conventional and takaful emarat insurance company

Assignment Help Risk Management
Reference no: EM13869733

Risk & Insurance

1. COURSE DETAILS

1.1. Course Description

Insurance industry is an important component in developed markets and is growing in emerging economies. Companies as well as individuals are worried about the study of risks when measuring the possible financial losses in case accidents might occur. Therefore, sharing such risks with insurance companies represent one of the major risk-financing tools.

This course is focusing on major lines of risks that are treated by commercial insurance companies. Analyzing the general aspects of the insurance market, regulation framework and different types of insurance careers associated to products channels of distribution will lead to better implement the adequate insurance covers and negotiate rates applied within such industry.

Finally, the course will emphasize the mechanism of Takaful insurance as an alternative to conventional insurance.

1.2. Course Learning Outcomes (CLOs)

Upon successful completion of this course, students will be able to:

1. Outline the insurance market and regulations.

2. Interpret insurers' financial statements.

3. Assess policies that are suitable to the business.

Related Insurance Institutions in the UAE:

1. Ministry of Economy (www.economy.gov.ae)

2. Insurance Authority (www.ia.gov.ae)

3. National Bureau of Statistics (www.uaestatistics.gov.ae)

4. Health Authority - (www.haad.ae) - Services and requirements (Authorized insurance providers / insurance brokers / TPA)

Assignment 1

Critical analysis and develop the outcome of the article "No new UAE visas without health insurance, says DHA"

Word Limit: 1000 words ( if you need more information you can search about the topic)

Assignment 2

Compare between Conventional insurance (ADNIC) company and Takaful Emarat Insurance Company in the UAE.

Word Limit: 1000 words ( if you need more information you can search about the topic)

Reference no: EM13869733

Questions Cloud

Balance be between self motivation and external motivation : balance be between self motivation and external motivation in online education?
Write an original poem on a topic of your choosing : Write an original poem on a topic of your choosing
Discuss the existential view of death : Discuss the existential view of death as a significant variable in living fully. How might an existential practitioner focus on this reality in group counseling
Poisson random variable : Poisson Random Variable The Poisson distribution (or PMF) is the limiting case of the binomial distribution (or PMF) as n → ∞, assuming that the expected value E[X] stays constant (so success or failure, depending on your definition, becomes a rar..
Compare conventional and takaful emarat insurance company : Compare between Conventional insurance (ADNIC) company and Takaful Emarat Insurance Company in the UAE. Critical analysis and develop the outcome of the article "No new UAE visas without health insurance, says DHA".
Characteristics of constructivist learning theory : characteristics of constructivist learning theory might he apply here?
Think spike lee chose to end do the right thing : think Spike Lee chose to end Do The Right Thing
Crystal orientation of silicon : How long does it take to grow 100nm of oxide in wet oxygen at 1000oc (assume 100crystal orientation of silicon) ? In dry oxygen? Which process would be perfect?
Central characteristic of the working stage of a group : Discuss how the development of cohesion is a central characteristic of the working stage of a group. What is your understanding of "group cohesion"? What factors lead to this unity in a group

Reviews

Write a Review

Risk Management Questions & Answers

  Principles of risk management

his Section was covered in Principles of Risk Management. You are not being quizzed on this section, nor do you have homework on it - BUT - there could be exam questions from it, so don't forget to review

  Discuss role of risk assessment

The financial information has been dominated currently by stories of financial institutions that have mis-measured risk as part of subprime mortgage crisis.

  The measurement or the management of risk

Why is risk measurement and risk management so important? What is more important -- the measurement or the management of risk?

  1maria just put 500 into a bank account that has a stated

1.maria just put 500 into a bank account that has a stated interest rate of 6.6. if the account pays simple interest

  If mrs beach wanted to invest a lump sum of money today to

if mrs. beach wanted to invest a lump sum of money today to have 100000 when she retired at 65 she is 40 years old

  What is corporate risk management

What are the advantages and disadvantages of using forwards versus exchange-traded futures contracts in implementing a risk management strategy designed to address the problem of commodity price risk?

  Foreign exchange markets

Foreign exchange markets and the Australian and international economy - the financial pages of newspapers and financial news websites. You are not required to separately reference the source of each journal entry

  1 select company with a draw from the box containing all

1. select company with a draw from the box containing all names of these companies. these names come from the

  Describe the delphi technique used to identify risks

Describe the Delphi technique used to identify risks and infer on types of projects where this technique is most accurate. Examine the four (4) types of risk response (i.e., avoidance, acceptance, transference, and mitigation) and determine the app..

  Perform a risk analysis on the reengineered process

perform a risk analysis on the reengineered process. identify obstacles to the reengineered process. evaluate obstacles to the reengineered process

  Responsibility for risk management

Write a 2-page paper discussing what professional organizations you might join, and websites you might visit, that would provide insight into a career that includes responsibility for risk management.

  Describe organization can apply risk management principles

Describe how the organization can apply risk management principles in their efforts to secure their systems.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd