Insurance and Risk Management Paper 8

Transfer of risk to other party is done through ______________.

The cost of uncertainty that remains once the firm has selected and implemented loss control loss financing and internal risk reduction is called ______________.

If RMIS shows lack of service then you need to provide ______________.

The methods of risk management are ______________.

Which of the following helps in risk improvement?

The insurance plays a role in the economic development of the country in the following ways ______________.

Malhotra Committee was appointed in

Fire insurance can be taken in respect of ______________

______________ is an agreement where by the insurer agrees to indemnity the insured against marine losses.

When the subject matter insured is destroyed wholly refers to ______________.