Insurance Legislation – The Insurance Act, 1938 – Registration – Accounts and Returns – Investments – Limitation On Expenses of Management – Prohibition of Rebates – Powers of Investigation – Other Provisions – Insurance Regulatory and Development Authority Act, 1999- General Insurance Council – Amendment of Insurance Act – Amendments of The Life Insurance Corporation Act, 1956 – Amendments of General Insurance Business (Nationalization) Act, 1972- The Insurance (Amendment) Act, 2002. Insurance Co-Operative Society – Motor Vehicles Act, 1988 Solatium Fund – The Inland Steam–Vessels (Amendment) Act 1977 – Marine Insurance Act, 1963 – The Carriage of Goods By Sea Act, 1925 – The Merchant Shipping Act, 1958 – The Bill of Lading Act, 1855 – The Indian Ports (Major Ports) Act, 1963 – Indian Railways Act, 1989 – The Carriers Act, 1865- The Indian Post Office Act, 1898 – The Carriage By Air Act, 1972- Multi Modal Transportation Act, 1993 – Workmen‘s Compensation Act, 1923 – Employee‘s State Insurance Act, 1948- Public Liability Insurance Act, 1991 – The Indian Stamp Act, 1899- Exchange Control Regulations – The Consumer Protection Act 1986 – Insurance Ombudsman.

The Insurance Market –  Historical – Present Scenario – The Agents – Corporate Agents – Brokers Remuneration – Functions of Reinsurance Broker – The Limits of Indemnity – Third Party Administrators – Health Services – Surveyors/ Loss Assessors – Code of Conduct – Tariff Advisory Committee – Bombay Salvage Corps – Overseas Market – United Kingdom – U.S.A. Insurance Forms – Proposal Forms – Cover Notes – Certificate of Insurance –Renewal Notice IRDA Regulations 2002 (Protection of Policy Holders‘ Interests).

Fire and Marine Coverages – Standard Policies – Specified Perils Vs. All Risks – Fire Insurance Coverages – Reinstatement Value Policies – Declaration Policy – Floating Policies – Long Term Policies – Consequential Loss (Fire) Insurance – Marine Insurance Coverages – Hull Insurance – Marine (Cargo) Insurance – Institute Cargo Clauses (C) - Institute Cargo Clauses (B) – Institute Cargo Clauses (A) – General Exclusions Clause – Inland Vessels and Sailing Vessels – Postal Consignment – Air Consignment – Types of Losses – Types of Marine Policies – Specific Policy.

Miscellaneous Coverages – Motor Insurance – Third Party Liability Insurance For Mechanized Vessels Operating in Inland Waters – Personal Accident Insurances – Group Policies – Mediclaim Insurance – Jan Arogya Bima Policy – Cancer Insurance – Universal Health Insurance Policy – Overseas Medical Policy – Burglary (Business Premises) Policy – All Risks Insurance Policy - Money Policy – Baggage Insurance – Legal Liability Insurance – Fidelity Guarantee Insurance – Other Minor Classes of Miscellaneous Insurance – Banker‘s Indemnity Policy – Carrier‘s Legal Liability Policy – Jeweler‘s Block Insurance – Composite Policies – Aviation Insurance – Engineering Insurance – Rural Insurance – Micro-Insurance.

Specialized Insurances – Industrial All Risks Insurance – Advance Loss of Profit Cover (ALOP) – Oil and Energy Risks Insurance – Satellite Insurance – Underwriting – Underwriting Policy – Class Rated Products – Individual Rated Products – Filing of Products – Rolf of Actuary – Compliance Officer – Underwriting Practice – Physical Hazard – Underwriting of Physical Hazard – Underwriting of Moral Hazard – Acceptance of Risks Subject To Underwriting Safeguards – Declined Risks - Fire – Marine – Miscellaneous – Risk–Inspection – Re-Insurance - Facultative – Treaty – Quota Share – Surplus Treaty – Pool – Non – Proportional Treaty - Excess of Loss Treaty – Stop Loss Treaty – Risk Management – Insurer‘s Role in Risk Management – Documentation Procedure – Renewal Procedure – Customer Service.

Rating and Premium – Classification of Risk – Discrimination – Bonus/ Malus- Past Loss Experience – Claims Costs – Acquisition Costs – Management Expenses – Agreement in The Policy – Advance Payment of Premium – Policies Relating To Co-Insurance - Policies of Reinsurance.

Claims – Claims Forms – Investigation and Assessment – Surveyors and Loss Assessors – Claims Documents – Arbitration – Limitation - Settlement – Discharge Vouchers – Post Settlement Action – Recoveries – Salvage – Loss Minimization and Salvage –In House Settlements – Practice in The U.K. – Practice in The U.S.

Investment & Accounting – Accounting - Reserves For Outstanding Claims – Unexpired Risk Reserves – Other Reserves – General Ledger – The Trial Balance – Revenue Account – Profit and Loss Account – The Balance Sheet – Statutory Returns – Returns For Management Control – Claims and Underwriting and General Administration – Database On Computer – IRDA (Investment) Regulations.