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Showing posts with label insurance market. Show all posts
Showing posts with label insurance market. Show all posts

21 December, 2007

The insurance market

A market is a term used for describing the facilities for buying and selling product.An insurance market therefore refers to facilities for buying and selling insurance.Insurance ,in a broad sense,may include private insurance ,government compensatory scheme and Takaful business.In This chapter,The term insurance shall for practical purposes be confined to the market for private insurance.