Advertisement Introduction: A subject that all of us are very familiar with is Business Aspects in Banking and Insurance. The name of the subject itself comprises of words such as banking and insurance that we use in our day to day conversation and why not money forms the most...
Are you the sort of person who loves working with numbers and is extremely curious about the inner workings of financing a venture? Then actuarial science is a career field that you must explore. What is it about? Actuarial science is the discipline that applies mathematical and statistical methods...
Essential checks when the Letter of Credit is received It is essential to check the Letter of Credit as soon as it is received. The following is a checklist to be reviewed immediately on receipt of a Letter of Credit: Is the credit subject to UCP500? Are there...
Common Discrepancies among Letter Of Credit Following are the discrepancies normally observed in export documents and the exporters are advised to keep them in view while tendering the documents to the negotiating bank- Credit Expired Late shipment Claused bill of lading Presented after permitted time from date of...
Agency model of TATA AIG works on a chain based hierarchy system of advisors. Insurance companies may have same agency models but the criteria of eligibility for employees getting into these models differ from company to company. The model is formed by considering two types of agents, those who...
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