You have provided the best knowledge about reinsurance . It would be great if you will take 1sec pause after every sentence, it will help us to understand more🤗
Mam in India... There is two reinsurance companies namely general reinsurance, ITI reinsurance company right?? All other are global companies... And my 2 question is this term(reinsurance) plays a role only for general insurance companies right??
This becomes helpful for companies providing coverage against death by natural disasters as well. In that case all of sudden when there is huge loss of lives and insurance co. is not in position to settle all the claims, reinsurance appears to be useful by providing coverage to insurance co. Just an example , the same can be applied to all other scenarios where there is sudden large claim due to any uncetainity.
@@DevTechFinance wow thanks for the clear cut explanation mam... Expecting more videos on our channel.. And I wanna know this channel is meant for what type of information mam?
Insurance companies also need to be insured...so that in case of any uncertain event/calamity the policyholders does not have to suffer . Reinsurance companies are one who provide insurance to the insurance co.
If u would explain in Hindi will be better for even whom who is not understand English properly or better and offcourse traffic of the viewers will be more.
In case of life insurance , you will be charged higher premium if you are at elder age, bad health condition, policy timeline. The main reason for all this is risk involved, higher the risk of paying claim higher will be premium.
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You have provided the best knowledge about reinsurance . It would be great if you will take 1sec pause after every sentence, it will help us to understand more🤗
Thanks for feedback Gaurav ! I will consider the same.
Thank you.....
Your way of explanation superb mam.
Good one 😄. Well explained and appreciate your time.
Thanks for commenting. Kindly keep up the support on channel.
Explaining way is very good..if you can also explain in hindi parallely ..may help many more
Well explained mam👍
Thanks a lot. Glad you found the video useful.
Super clearly understood thanks mam
Glad that the video was helpful. Thanks for commenting.
If u relate with examples or any case study, then it becomes easier to understand otherwise it feels like u just reading only the notes.
Thank you for feedback Nikhil. I'll surely consider and improve.
Thank you ...most informative
Glad that the video was helpful. Thanks for commenting.
Is this valid for marine insurance ?
Mam in India... There is two reinsurance companies namely general reinsurance, ITI reinsurance company right?? All other are global companies... And my 2 question is this term(reinsurance) plays a role only for general insurance companies right??
Correct General & ITI are only reinsurance companies of India while there are other foreign reinsurance co. running their branches in India.
Reinsurance is for both general as well as life insurance companies.
@@DevTechFinance Ohh OK OK mam..But at what scenario life insurance also comes in play for reinsurance??
This becomes helpful for companies providing coverage against death by natural disasters as well. In that case all of sudden when there is huge loss of lives and insurance co. is not in position to settle all the claims, reinsurance appears to be useful by providing coverage to insurance co. Just an example , the same can be applied to all other scenarios where there is sudden large claim due to any uncetainity.
@@DevTechFinance wow thanks for the clear cut explanation mam... Expecting more videos on our channel.. And I wanna know this channel is meant for what type of information mam?
ty mam, well explained
Thanks for commenting. Kindly keep up the support on channel.
Could you please explain Profit commission from reinsurance company ???
Who are such reinsurance providers ? They might be very much wealthier.
THANK YOU SO MUCH MAM
Glad that video was helpful. Thank for commenting Nita!
Thank you!
Ma'am can you give me short conclusion about reinsurance
Insurance companies also need to be insured...so that in case of any uncertain event/calamity the policyholders does not have to suffer . Reinsurance companies are one who provide insurance to the insurance co.
Hope it helps. Thanks for commenting. Keep up the support on channel
Ty
deferred charges - reinsurance assumed....this is like depreciation accumulated account coming under assets column of balance sheet.
i face this difficulty so thats why i put this statement
Thank you for feedback Nikhil. I'll surely consider and improve.
U are superb ❤️
Thank you. Really means alot. Kindly keep up the support on channel.
If u would explain in Hindi will be better for even whom who is not understand English properly or better and offcourse traffic of the viewers will be more.
❤❤
Very bad explanation just reading PDF
❤️
Insurance company kyu premium increase karti hai
In case of life insurance , you will be charged higher premium if you are at elder age, bad health condition, policy timeline. The main reason for all this is risk involved, higher the risk of paying claim higher will be premium.
👏👏👏👏🙏
Hahaha! You are reading a newspaper/book not lecturing😂😂
Why company will give insurance to another company what they will get
Insurance companies has to pay premium to the reinsurance company. The unclaimed premium amount is income source for reinsurance company.
@@DevTechFinance thank you.
Welcome. Keep up the Support.
reinsurance market relied on large investors such as pension funds .....how pension funds ae invested in reinsurance market
Very badly explained
Thank you for feedback. I will try to improve.
👎👎
Thank you!
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