Concept & Characteristics
Life Insurance
Contract between policy owner and insurer
Insurer agrees to pay a sum of money upon theinsured individual’s death or other event, such as terminal illness or critical illness
Two major categories
Protection policies
Investment policies
Characteristics
Two major Characteristics of Life Insurance
1. Eventual Certaint
Motives of Investigation
The Rapid Growth of Online Car-Insurance Market
->Keen Competition
The Rapid Growth of Daum-Direct One
->Not a fore runner at first
->Approach to theinsurance market of IT company
- 5th January 2004. Foundation
- Investment rate
-> Daum communication 90% : LG Insurance 10%
- Goal for 2004
-> 1% of market sharing in total car insurance
-> Tot
the Maritime Security and Safety Information System)을 건립했다. MSSIS는 a)선박 자동 식별장치(AIS) 응답기는 일정한 크기보다 우월한 상업적인 배의 갑판에 착용될 의무가 있고, 바다에서의 충돌을 감소시키도록 고안될 것. b)해안가의 수신기는 AIS 통신을 받도록 배치할 것이라는 신호를 받아 축적된 세계적 교통의
NMB Postbank Group in 1991)
Banking, Investments, Life Insurance and
Retirement Services
Total Assets: EUR 1.18 Trillion
(약 2,132조원, 2009)
중략
Careful Acquisitions
① Pick a Target – good managers, Strong Local Presence
② Take a small stake in the Company
③ Make the Trust of Managers
④ Takeover
3.2 Hull Insurance
(1) Hull/Machinery Insurance
Hull insurance is which aimed at hull. Hull insurance doesn't just aim at the fuselage of the hull but instrument of the ship and the necessary articles for a voyage include. Therefore, Hull insurance says that the ship which includes hull, materials of ship, instrument, tool of voyage and other equipment becomes the aim of insurance.
(2) Ship
(2) Long Term Care in Korea
In July 2008, Korea introduced social insurance for long-term care. There are several
important demographic and social changes leading to the introduction of long-term care
(LTC) insurance, including the rapid ageing of population as a result of the increase in life expectancy and the sharp decline in fertility. Total fertility rate is below 1.1 in 2005 (NSO,2007).
the EI Account.
•lost your employment through no fault of your own.
•have been without work and without pay for at least seven consecutive days in the last 52 weeks.
•have worked for the required number of insurable hours in the last 52 weeks or since the start of last EI claim.
•are ready, willing, and capable of working each day, and
•are actively looking for
<The background information of Samsung Life and the manager>
Samsung Life
Founded in 1957, Samsung life has been delivered the value of insurance. It diversified its business from insurance to finance and expanded its market abroad, and finally became the number one insurance company with asset of 160 trillion won. There are 5 main business ranges that Samsung Life focuses on: insurance, loan,
(1)-1. Drug pricing system and drug market characteristics
The drug repayment price in health insurance is determined by the Japanese ministry of labor welfare.
The labor welfare ministry periodically investigates market price of pro drug products in order to include the actual-trading price into the drug pricing method.
Theinsurance drug pricing system of Japan
- Sample 3 ( The Handicapped )
A handicapped woman living in Japan wanted to take out theinsurance for her unborn child but theinsurance company rejected her buying. Although her 5-year-old kid was very healthy, the company didn't want to risk just because of her impediment.
< The photos : Not different>
Part 3. The people who overcame social discrimination
There are man