Insurance is a method for managing risk, as it protects against unforeseen financial losses. When you purchase insurance, you are safeguarding yourself against possible mishaps by having an insurance company compensate you or someone you designate. If you experience an accident and are uninsured, you may be responsible for all related expenses. Having appropriate insurance can help mitigate the various risks you might encounter throughout your life. Insurance not only covers unexpected incidents but also assists in paying for routine expenses such as annual medical checkups and dental visits. Furthermore, insurance companies negotiate discounts with healthcare providers, allowing their customers to pay the reduced rates. An insurance policy has two parties: the policyholder, who is the individual or company receiving the policy, and the insurer, who is the insurance company. The policyholder need not be the insured party. A person or business can become a policyholder by purchasing an insurance policy that protects another person or company. For instance, if a company buys life insurance for an employee, the employee is the insured party, and the company is the policyholder. Accounting, auditing, and actuarial standards must be carefully applied when examining insurance businesses' financial and other reports. Finding the business risks that insurance companies must deal with requires the use of financial information in particular. The management of insurance companies' technical reserves and guarantee reserve assets is crucial for reducing these risks. According to professional organizations and nations with free market economies, the main goal of financial statements in this situation is to give potential consumers the knowledge they need to make wise decisions. The economy depends on measuring the performance of insurance businesses. However, reliable performance evaluation can be difficult due to the unpredictability and complexity of the global market as well as the growing information flow. In certain situations, traditional performance measurement techniques might not produce appropriate findings. The fuzzy multi-criteria technique has been successfully used to address this issue.Critical proportional assessment is a multi-criteria decision-making analytical tool that aids in problem-solving. The COPRAS system has been developed as a tool for decision-making under specific contexts. This method calculates both the increase and decrease of criteria and improves the quality and quantity of criteria calculation. Compared to other methods, the COPRAS system can handle many criteria and offers a higher level of benefit and usage. Alternative taken as Equity and reserves, Business assets, Provision and liabilities, financial incomes, Cost of insurance, Cost of insurance. Evaluation preference taken as Life Insurance Corporation of India, HDFC Life Insurance Co. Ltd, Max Life Insurance Co. Ltd, ICICI Prudential Life Insurance Co. Ltd, Kotak Mahin
保险是一种管理风险的方法，因为它可以防范不可预见的经济损失。当您购买保险时，保险公司会对您或您指定的人进行赔偿，从而保障您免受可能发生的意外伤害。如果您遭遇意外且未投保，您可能需要承担所有相关费用。购买适当的保险可以帮助您减轻一生中可能遇到的各种风险。保险不仅能保障意外事故，还能帮助支付年度体检和牙科就诊等常规费用。此外，保险公司会与医疗服务提供商协商折扣，让客户以优惠的价格支付。保险单有两方：投保人和承保人，前者是收到保险单的个人或公司，后者是保险公司。投保人不一定是被保险人。个人或企业可以通过购买保护他人或公司的保险成为投保人。例如，如果一家公司为员工购买人寿保险，员工就是投保人，而公司就是投保人。在审查保险企业的财务报告和其他报告时，必须仔细应用会计、审计和精算标准。发现保险公司必须应对的业务风险尤其需要使用财务信息。保险公司技术储备和担保储备资产的管理对于降低这些风险至关重要。根据专业组织和自由市场经济国家的观点，在这种情况下，财务报表的主要目标是为潜在消费者提供做出明智决策所需的知识。经济的发展有赖于对保险业务绩效的衡量。然而，由于全球市场的不可预测性和复杂性以及信息流的不断增长，可靠的绩效评估可能会很困难。在某些情况下，传统的绩效衡量技术可能无法得出适当的结论。关键比例评估是一种多标准决策分析工具，有助于解决问题。COPRAS 系统是在特定情况下开发的决策工具。这种方法既能计算标准的增减，又能提高标准计算的质量和数量。与其他方法相比，COPRAS 系统可以处理许多标准，并提供更高的效益和使用水平。可供选择的标准有：权益和储备金、企业资产、准备金和负债、财务收入、保险成本、保险成本。评估优先选择印度人寿保险公司、HDFC Life Insurance Co.Ltd、Max Life Insurance Co.Ltd、ICICI Prudential Life Insurance Co.Ltd、Kotak Mahindra Life Insurance Co.Ltd、Aditya Birla SunLife Insurance Co.Ltd, TATA AIA Life Insurance Co.Ltd, SBI Life Insurance Co.Ltd、Bajaj Allianz Life Insurance Co.Ltd、PNB MetLife India Insurance Co.Ltd.、TATA AIA Life Insurance Co.从结果可以看出，SBI Life Insurance Co.Ltd 排名第一，而 Bajaj Allianz Life Insurance Co.Ltd 排名最低。
{"title":"Application of TOPSIS Method in Evaluating the Performance of Insurance Companies: A Case Study","authors":"","doi":"10.46632/jbab/3/2/28","DOIUrl":"https://doi.org/10.46632/jbab/3/2/28","url":null,"abstract":"Insurance is a method for managing risk, as it protects against unforeseen financial losses. When you purchase insurance, you are safeguarding yourself against possible mishaps by having an insurance company compensate you or someone you designate. If you experience an accident and are uninsured, you may be responsible for all related expenses. Having appropriate insurance can help mitigate the various risks you might encounter throughout your life. Insurance not only covers unexpected incidents but also assists in paying for routine expenses such as annual medical checkups and dental visits. Furthermore, insurance companies negotiate discounts with healthcare providers, allowing their customers to pay the reduced rates. An insurance policy has two parties: the policyholder, who is the individual or company receiving the policy, and the insurer, who is the insurance company. The policyholder need not be the insured party. A person or business can become a policyholder by purchasing an insurance policy that protects another person or company. For instance, if a company buys life insurance for an employee, the employee is the insured party, and the company is the policyholder. Accounting, auditing, and actuarial standards must be carefully applied when examining insurance businesses' financial and other reports. Finding the business risks that insurance companies must deal with requires the use of financial information in particular. The management of insurance companies' technical reserves and guarantee reserve assets is crucial for reducing these risks. According to professional organizations and nations with free market economies, the main goal of financial statements in this situation is to give potential consumers the knowledge they need to make wise decisions. The economy depends on measuring the performance of insurance businesses. However, reliable performance evaluation can be difficult due to the unpredictability and complexity of the global market as well as the growing information flow. In certain situations, traditional performance measurement techniques might not produce appropriate findings. The fuzzy multi-criteria technique has been successfully used to address this issue.Critical proportional assessment is a multi-criteria decision-making analytical tool that aids in problem-solving. The COPRAS system has been developed as a tool for decision-making under specific contexts. This method calculates both the increase and decrease of criteria and improves the quality and quantity of criteria calculation. Compared to other methods, the COPRAS system can handle many criteria and offers a higher level of benefit and usage. Alternative taken as Equity and reserves, Business assets, Provision and liabilities, financial incomes, Cost of insurance, Cost of insurance. Evaluation preference taken as Life Insurance Corporation of India, HDFC Life Insurance Co. Ltd, Max Life Insurance Co. Ltd, ICICI Prudential Life Insurance Co. Ltd, Kotak Mahin","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"27 9","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141360250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Project Portfolio Management (PPM) is a strategic approach that organizations employ to effectively manage their projects and align them with their overall business objectives. It involves the selection, prioritization, and control of projects to maximize their value and ensure successful project delivery. By implementing PPM, organizations can optimize resource allocation, mitigate risks, and improve decision-making processes. This abstract provides an introductory overview of PPM, highlighting its importance and key components. It emphasizes the role of PPM in driving organizational success by creating a balanced and diversified project portfolio that aligns with strategic goals. The abstract also mentions the benefits of PPM, such as improved resource utilization, enhanced project visibility, and better decision-making based on objective criteria. Overall, PPM serves as a vital tool for organizations to effectively manage their projects, achieve their strategic objectives, and maximize business value. Research on Project Portfolio Management (PPM) holds significant value as it contributes to the development of best practices and informed decision-making in project management. By investigating strategic alignment, resource optimization, risk management, decision-making processes, performance measurement, organizational agility, and stakeholder engagement, researchers can help organizations improve project selection, resource allocation, and overall portfolio management practices. This research significance is crucial for practitioners and organizations aiming to enhance project outcomes, achieve strategic objectives, and maximize business value. In this research we will be using weighted-sum method. Project 1, Project 2, Project 3, Project 4, Project 5 and Time, Cost, Quality, Risk, work health and safety out of all the 5 projects, Project 1 gets first rank in Project Portfolio Management. With the weighted sum method, we are able to find the best project in Project Portfolio Management has been evaluated with various parameters and methodology.
{"title":"Evaluation of Project Portfolio Management using the WSM Method","authors":"","doi":"10.46632/jbab/3/2/27","DOIUrl":"https://doi.org/10.46632/jbab/3/2/27","url":null,"abstract":"Project Portfolio Management (PPM) is a strategic approach that organizations employ to effectively manage their projects and align them with their overall business objectives. It involves the selection, prioritization, and control of projects to maximize their value and ensure successful project delivery. By implementing PPM, organizations can optimize resource allocation, mitigate risks, and improve decision-making processes. This abstract provides an introductory overview of PPM, highlighting its importance and key components. It emphasizes the role of PPM in driving organizational success by creating a balanced and diversified project portfolio that aligns with strategic goals. The abstract also mentions the benefits of PPM, such as improved resource utilization, enhanced project visibility, and better decision-making based on objective criteria. Overall, PPM serves as a vital tool for organizations to effectively manage their projects, achieve their strategic objectives, and maximize business value. Research on Project Portfolio Management (PPM) holds significant value as it contributes to the development of best practices and informed decision-making in project management. By investigating strategic alignment, resource optimization, risk management, decision-making processes, performance measurement, organizational agility, and stakeholder engagement, researchers can help organizations improve project selection, resource allocation, and overall portfolio management practices. This research significance is crucial for practitioners and organizations aiming to enhance project outcomes, achieve strategic objectives, and maximize business value. In this research we will be using weighted-sum method. Project 1, Project 2, Project 3, Project 4, Project 5 and Time, Cost, Quality, Risk, work health and safety out of all the 5 projects, Project 1 gets first rank in Project Portfolio Management. With the weighted sum method, we are able to find the best project in Project Portfolio Management has been evaluated with various parameters and methodology.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":" 41","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141364872","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The interactive nature of trade decision making enables us to navigate the complexities of international commerce with agility and precision. Through the power of technology and data-driven analysis, we can optimize our strategies, adapt to market conditions, and seize opportunities in real-time. Interactive trade decision making involves a dynamic process that integrates various factors such as market trends, economic indicators, risk assessment, and competitive analysis. It empowers traders to actively engage with the market, gather crucial information, and respond swiftly to changing circumstances. By harnessing advanced tools and algorithms, we can analyse vast amounts of data, uncover patterns, and make informed decisions that maximize profitability and minimize risks. This interactive approach transcends traditional models, allowing us to actively participate in trade negotiations, explore different scenarios, and assess the potential outcomes of our decisions. It encourages collaboration and knowledge sharing, enabling us to leverage collective intelligence and gain valuable insights from experts and peers. With real-time market data and interactive platforms at our fingertips, we can simulate, test, and refine our strategies, ensuring that our trade decisions are based on accurate information and thoughtful analysis.The significance of interactive trade decision making in research lies in its ability to revolutionize the way businesses and individuals approach international trade. We will use the Weighted Sum Method (WSM) in this study, which is a research approach that gives weights to various factors and combines them to make conclusions based on their relative relevance in a weighted way. Alternative parameters taken as Policy, Environment, Economy, Ability. Evaluation parameters parameters taken as Local investment, Technology transfer, Local procurement, Cooperate with R&D, Training, International marketing assistance”. show the final rank of this paper the Economy is in 2nd rank, the Environment is in 4th rank, the Ability is in 3rd rank, the Policy is in 1st rank, The final result is done by using the WSM method. In conclusion, interactive trade decision making is a powerful approach that leverages technology, real-time market information, and data analysis to enable informed and agile decision making in international trade.
{"title":"Optimizing Trade Strategies: The Interactive Trade Decision Making Using Weighted Sum Method","authors":"","doi":"10.46632/jbab/3/1/7","DOIUrl":"https://doi.org/10.46632/jbab/3/1/7","url":null,"abstract":"The interactive nature of trade decision making enables us to navigate the complexities of international commerce with agility and precision. Through the power of technology and data-driven analysis, we can optimize our strategies, adapt to market conditions, and seize opportunities in real-time. Interactive trade decision making involves a dynamic process that integrates various factors such as market trends, economic indicators, risk assessment, and competitive analysis. It empowers traders to actively engage with the market, gather crucial information, and respond swiftly to changing circumstances. By harnessing advanced tools and algorithms, we can analyse vast amounts of data, uncover patterns, and make informed decisions that maximize profitability and minimize risks. This interactive approach transcends traditional models, allowing us to actively participate in trade negotiations, explore different scenarios, and assess the potential outcomes of our decisions. It encourages collaboration and knowledge sharing, enabling us to leverage collective intelligence and gain valuable insights from experts and peers. With real-time market data and interactive platforms at our fingertips, we can simulate, test, and refine our strategies, ensuring that our trade decisions are based on accurate information and thoughtful analysis.The significance of interactive trade decision making in research lies in its ability to revolutionize the way businesses and individuals approach international trade. We will use the Weighted Sum Method (WSM) in this study, which is a research approach that gives weights to various factors and combines them to make conclusions based on their relative relevance in a weighted way. Alternative parameters taken as Policy, Environment, Economy, Ability. Evaluation parameters parameters taken as Local investment, Technology transfer, Local procurement, Cooperate with R&D, Training, International marketing assistance”. show the final rank of this paper the Economy is in 2nd rank, the Environment is in 4th rank, the Ability is in 3rd rank, the Policy is in 1st rank, The final result is done by using the WSM method. In conclusion, interactive trade decision making is a powerful approach that leverages technology, real-time market information, and data analysis to enable informed and agile decision making in international trade.","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"122 25","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141361667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Quality of Working Life with Reference to ICICI","authors":"","doi":"10.46632/jbab/3/2/7","DOIUrl":"https://doi.org/10.46632/jbab/3/2/7","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"20 4","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141272879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Stress Management Among Employess with Reference to Hetero Drug Ltd","authors":"","doi":"10.46632/jbab/3/2/26","DOIUrl":"https://doi.org/10.46632/jbab/3/2/26","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"70 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141280919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Fixed Assets Management with Reference To ICICI","authors":"","doi":"10.46632/jbab/3/2/23","DOIUrl":"https://doi.org/10.46632/jbab/3/2/23","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"59 17","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141275783","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Middle Class People Habits in Indian Banking with Rrrefffernce to ICICI","authors":"","doi":"10.46632/jbab/3/2/18","DOIUrl":"https://doi.org/10.46632/jbab/3/2/18","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"43 6","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141280254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Debtors Management and Financial Performance in Cement Industry with Reference to Ultratech Cement","authors":"","doi":"10.46632/jbab/3/2/25","DOIUrl":"https://doi.org/10.46632/jbab/3/2/25","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"43 10","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141275957","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Mechanism of Online Trading with Reference to India Bulls","authors":"","doi":"10.46632/jbab/3/2/9","DOIUrl":"https://doi.org/10.46632/jbab/3/2/9","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"37 13","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141274437","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Study on Investment Pattern of Women Investors with Reference to Investleaf Management Solutions","authors":"","doi":"10.46632/jbab/3/2/16","DOIUrl":"https://doi.org/10.46632/jbab/3/2/16","url":null,"abstract":"","PeriodicalId":162431,"journal":{"name":"REST Journal on Banking, Accounting and Business","volume":"18 11","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141276733","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：