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Unit I
Nature and History of Insurance Business: Insurance Business in India, Europe, UK and USA;Insurance Act 1938;General insurance business -Nationalisation, Insurance asa social security tool, Insurance and economic development, IRDA,Entry ofprivate players into Insurance business; Principles of Legal aspects of Insurance-Principles of Insurable Interest-Principlesof Utmost Good Faith-Principlesof Indemnity-Principlesof Subrogation-Doctrine of Proximate Clause-Tariff Advisory Committee-Legal Aspects of Life Assurance-Global Insurance Regulatory Framework. (10hours)
As per the latest IPU syllabus — cross-check electives with your college.
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Which semester is Global Insurance and Risk Management taught in for MBA-IB?
Global Insurance and Risk Management (MIB 203) is a semester 3 subject in the IPU MBA MBA (International Business) (MBA-IB) curriculum.
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