General Insurance Master Series (Module #2) – Principles of Rate Making

In this module of General Insurance Master Series, you will be learning about principles of rate making which includes concepts of rate making, data mining in rate, loading factors, rate making approaches, projected ultimate loss, recognition of losses & also about individual risk rating

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 3h 9m | 16 Videos | 68653 Views |   All Levels| English[Auto-generated]

General Insurance Master Series (Module #2) – Principles of Rate Making:

General Insurance Underwriting aims at familiarizing with the concepts of principles, practices & procedures adopted by insurers in underwriting all classes of non-life insurance. This course will train learners of General insurance with underwriting skills like risk assessment in general insurance products.
Through this course you will be learning about principles of rate making which includes concepts of rate making, data mining in rate, loading factors, rate making approaches, projected ultimate loss, recognition of losses & also about individual risk rating.

Course Objective:

• Learn the basic principles in rate making & other related concepts.
• Learn how the companies project loss & how recognition of losses is done.

Target Customers:

• Students
• Professionals
• Anyone who wants to enter general insurance industry

Pre-Requisites:

• Any graduate having legal, medical and management background
• Basic Computer Knowledge
• Passion to learn about Insurance concepts

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