Evolution & Development
Evolution of Insurance
? Marine Insurance
? Fire Insurance
? Life Insurance
? mingled Insurance
Common Features of
Development
1. Insurance developed
basically in response to a
engage created by the insuring
community.
2. Industrial revolution of the
19th century.
Common Features of
Development
3. In early days there were
absence of reliable statistical
data and theoretical soundness
4. Diversifications considering
multi-various demands
Common Features of
Development
5. The idea as to maintenance of
coyness for withstanding catastrophe
losses gradually developed.
6. The necessity of re restitution
gradually developed with the
increment in insurers commitment on
a point risk.
Development of Insurance in
Bangladesh
? Jatiya Bima Corporation
? Teesta Bima Corporation
? Karnaphuli Bima Corporation
? Rupsha Jiban Bima Corporation
? Surma Jiban Bima Corporation
Formation of Two
Corporations
? Shadharan Bima Corporation
? Jiban Bima Corporation
Bangladesh Insurance
Academy (BIA)
Objectives & Functions
Objectives of BIA
1. To win, organize and
feed professional education
in insurance leading to
Degrees/Diplomas/Certificates
Objectives of BIA
2.
To organize, conduct and
promote research on
problems of insurance
industry
Objectives of BIA
3. To organize and conduct inservice training for the officers
and employees of JBC and SBC
and also employees of the
organizations traffic in
insurance
Objectives of BIA
4. To facilitate, promote,
encourage and foster
publication of research work
and literature on matters of
insurance interest
Objectives of BIA
5. To establish and maintain
close contact with experts and
similar institutions at home
and abroad,
Objectives of BIA
6. To come through coaching facilities
for the standard examinations
like ACII, CLU etc.
Objectives of BIA
7. To award prizes and rewards
to persons who...If you want to stick out a full essay, order it on our website: Orderessay
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