WS2

Reg. No. :

Question Paper Code : J1144

M.B.A. DEGREE EXAMINATION, FEBRUARY/MARCH 2018.

Fourth Semester

Financial Services Management

DBA 7033 — INSURANCE AND RISK MANAGEMENT

(Regulations 2013)

Time : Three hours Maximum : 100 marks

Answer ALL questions.

PART A — (10  2 = 20 marks)

1. List down the objectives of risk management.

2. What is risk identification?

3. Write a note on ‘risk avoidance’.

4. Explain ‘risk transfer’.

5. What do you mean by option?

6. Define ‘Hedge’.

7. Explain the term ‘insurance’.

8. Describe about ‘valid contract’.

9. What do you mean by ‘utmost goodfaith’?

10. What is claim?

PART B — (5  13 = 65 marks)

11. (a) Classify risks and explain them in detail.

Or
(b) Elaborate the sources of risk and explain the various methods of risk
measurement.
 WS2

12. (a) Emphasize the need for risk management.

Or
(b) Elaborate the features of various types of risk management techniques.

13. (a) Write a detailed note on risk management tools.

Or
(b) Distinguish between the following:
(i) Options and future contracts (7)
(ii) Hedging and forward contracts. (6)

14. (a) Explain the features and different types of general insurance.

Or
(b) Elaborate the elements of a valid contract.

15. (a) Elaborate the principles of insurance and its application in life
assurance.

Or
(b) Explain the pricing mechanism being followed in general insurance
industry.

PART C — (1  15 = 15 marks)

16. (a) Explain the contractual provisions that limit the Insurance Coverage.

Or
(b) Discuss insurance principles and policies.

————––––——

2 J1144
 Reg. No. :

Question Paper Code : BS2144

M.B.A. DEGREE EXAMINATION, AUGUST/SEPTEMBER 2017.

Fourth Semester

Financial Services Management

DBA 7033 — INSURANCE AND RISK MANAGEMENT

(Regulations 2013)

Time : Three hours Maximum : 100 marks

Answer ALL questions.

PART A — (10  2 = 20 marks)

1. What is risk?

2. Why risk is inevitable?

3. What do you mean by risk aversion?

4. What is risk transfer?

5. What is hedging?

6. What are swaps?

7. What is motor insurance?

8. List down any two objectives of insurance contracts.

9. What are insurance policies?

10. What is fair pricing?

PART B — (5  13 = 65 marks)

11. (a) Classify risks and explain them in detail.

Or
(b) Elaborate the sources of risk and explain the mechanism of identification
and measurement of risk.
12. (a) Write a detailed note on risk aversion and management techniques.

Or
(b) Elaborate the loss control measures of any manufacturing company of
your choice. (13)

13. (a) Explain how options, futures and forward contracts are helpful to
manage risks. (13)

Or
(b) Elaborate the tools of risk management by giving suitable examples.

14. (a) Describe the structure of Indian General Insurance Industry and explain
the products being offered by them.

Or
(b) Explain how the insurance market is regulated in India.

15. (a) Elaborate the principles of the insurance contract and explain their
application in general insurance business.

Or
(b) Explain the contractual provisions that limit insurance coverage.

PART C — (1  15 = 15 marks)

16. (a) ‘Risk cannot be avoided but can be minimised’– Discuss.

Or
(b) ‘Insurance is a risk management technique of the corporate sector’–
Analyse the statement.

————––––——

2 BS2144