3 Review(s)

The liberalization of markets especially in developing countries has accentuated the need for risk products. Recently government has taken various policy initiatives like crop insurance, financial guarantee schemes for unemployed, various social security programs and raising limits of FDI in insurance and the latest being allowing public sector companies to enter into the capital markets. This has resulted into a sudden spurt in the demand of insurance professionals. More and more academic institutions all over the countries are offering highly specialized insurance programs to cater to this demand.