insurance sector is comprised of 32 insurers, including 7 reinsurers.
● South Korea auto insurance industry has always been an important part of its overall insurance business.
● Number of premiums written in South Korea automobile insurance industry has grown at a rate of more than 18 percent since 1983
monopolized South Korean insurance market was made accessible to liabil
⑵. 재보험의 필요성
㈎ 위험의 분산(Spread)
보험의 원리는 대수의 법칙(Law of Large Numbers)에서 시작된다. 그러나 대수의 법칙이 전 위험 중에서 사고의 발생도수나 총 손해액 정도는 예측할 수 있어도 어떤 특정한 위험의 사고발생이나 사고발생으로 인한 손해액은 알 수 없다.
또한 대수의 법칙이 동
Ⅰ. Introduction of insurance industry
Property Insurance
- Long-term insurance(3~15)
· Permanent Insurance
· Savings Insurance!!!
- Car insurance
: Now in declining trend due to Global Crisis
- General insurance
· Fire
· Marine
· Special
Ⅲ. Applying IFRS
The issue about introduction of IFRS
insurance program.
(3) Auto Insurance
South Korea auto insurance industry has always been an important part of its overall insurance business. Number of premiums written in South Korea automobile insurance industry has grown at a rate of more than 18 percent since 1983 when monopolized South Korean insurance market was made accessible to liability and property insurance companies. There are c
insurance targets not only freight charge being paid by a third party but also conjecturable fare while shipowner transfers shipowner's cargo to owner's ship. But passenger's fares exclude from the aim of freight insurance because passenger pay don't include freight charge.
4. The meaning of Marine peril
Marine insurance is contract which an insurer compensate arisen loss related to applicab