Excel Books, 2012. Softcover. Book Condition: New. The environment in which businesses operate is very dynamic and presents numerous opportunities along with potential unforeseen risks and uncertainty of profits. It is through risk mitigation, avoidance and controlling that organisations can steer ahead of their competitors. This book is useful for those who want to develop an understanding about how to identify, analyse and manage various types of risk. Since insurance is a form of risk management, principles and usefulness of insurance in business have been explained thoroughly in the book. The book has been written in the context of (a) globalisation, (b) economic reforms and (c) liberalisation of Indian insurance, capital markets and the overall financial sector. This book is intended to meet the course requirements of Insurance and Risk Management subjects taught at graduate and postgraduate level in various universities. Highlights of the book: Scope and growth of Indian insurance industry; Basics of risk management; Tools of risk management; Principles of insurance; Types of insurance; Claims management; Reinsurance; Role of technology in insurance sector; History and future expectations from the Indian insurance sector Printed Pages: 534. Bookseller Inventory # 85000