Lot of opportunities for chartered accountants in insurance
Insurance industry's balance sheet is highly subjective, necessitating professional skills
Different types of audit, including systems audit
How chartered accountants can assist in deciding the product mix of insurance offerings
Millions of third party claims are pending, and insurance companies are willing to settle these out of court
Risk management regarding piracy activity around Somalia
Risk evaluation - example - Insurance policy vs maintenance contract
Chartered accountants can highlight risk breaches
Most of the insurance companies in India are not listed and therefore disclosure of segment financials is lacking
Reduction in profit due to investments is Rs 150 crore, and premium rates are also falling…
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