Insurance Institute of India - Journal 2010
Insurance Institute of India
Plot no. C-46, G-block, Bandra Kurla Complex, Mumbai – 400051.
July – December 2010
VOL No. XXXVI
The Journal
of Insurance Institute of India
Life Insurance
Presidential Address – 55th
Annual Conference
of
Insurance Institute of India
VisakhapatanamViews
A report on the 55th Annual Conference of
Insurance Institute of India
held on 4 & 5th September, 2010
The Conference was held on Saturday 4th September 2010 at Hotel Green Park, Waltair Main Road, Visakhapatnam. The conference was inaugurated by Prof. Y. Satyanarayana, Vice Chancellor, AP Law University, Visakhapatnam. Shri M. Ramadoss, President, Insurance Institute of India chaired the Conference. After the traditional welcome to the Chief Guest and other dignitaries, the Chairman of Visakhapatnam Insurance Institute, Shri D. Nageswara Rao, extended a warm welcome to all. In his welcome address, he thanked the Insurance Institute of India for holding this Conference at Visakhapatnam. He briefed in his address the activities undertaken by Visakhapatnam Insurance Institute and hoped that the deliberation in this Conference will benefit many.
The President, Shri M. Ramadoss in his Presidential address welcomed the Chief Guest, Prof. Y. Satyanarayana and other dignitaries to the Conference. He conveyed his thanks to the Chief Guest for accepting the invitation and to inaugurate the Conference. Prof. Satyanarayana, an eminent educationist and the Vice-Chancellor of AP Law University. The President expressed his happiness to have an apt personality as Chief Guest.
The Chief Guest Prof. Y. Satyanarayana in his address conveyed his thanks to Insurance Institute of India for inviting him to be the Chief Guest and to inaugurate the 55th Annual Conference.
He started his address complimenting both Visakhapatnam Insurance Institute and the Insurance Institute of India for being in the cause of imparting insurance education across the country. He expressed his happiness to be here in the midst of Insurance experts like Shri M. Ramadoss and other senior personalities from different insurance companies. He shared his experience being a teacher and his understanding on the subject of insurance. Though insurance is a business, but it is different from others because it has social commitment. The chief guest advocated retaining the human rights and living happily is of paramount importance. Being a lawyer, the Chief Guest often quoted in his speech human rights from judicial point of view. Human beings have the rights to live with the dignity. Social and Economic Security are the basic rights which the State has to provide. For providing these securities, the State looks up on different bodies like Insurance Companies, Banks, etc. In his address, the Chief Guest touched upon certain points and provisions in the Constitution of India for providing Social and Economic Security to its people. Citing some of his personal experiences, he projected to the audience how insurance gives protection when a person who has insured retires from active service. He was admired by the amount of awareness on the subject of insurance gained in the recent times as compared to the olden times when insurance was not as popular as it is today. He complimented the Government for this and opined that insurance coverage is really a protecting tool when there is loss of Life, Property, Personal Accident, Etc.
In the present context, Destruction and Damage to personal lives and property are increasing and insurance becomes really important in such situation. He advocated that insurance sector is created for the welfare of the people. He concluded his speech wishing the function to be successful and
also congratulating the organizers of the conference at Visakhaptnam, a city known for peace.
PHOTO FLASHES
55th Annual Conference of Insurance Institute of India
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Insurance Institute of India
Plot no. C-46, G-block, Bandra Kurla Complex, Mumbai – 400051.
July – December 2010
VOL No. XXXVI
The Journal
of Insurance Institute of India
Life Insurance
|
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Presidential Address – 55th
Annual Conference
of
Insurance Institute of India
VisakhapatanamViews
A report on the 55th Annual Conference of
Insurance Institute of India
held on 4 & 5th September, 2010
The Conference was held on Saturday 4th September 2010 at Hotel Green Park, Waltair Main Road, Visakhapatnam. The conference was inaugurated by Prof. Y. Satyanarayana, Vice Chancellor, AP Law University, Visakhapatnam. Shri M. Ramadoss, President, Insurance Institute of India chaired the Conference. After the traditional welcome to the Chief Guest and other dignitaries, the Chairman of Visakhapatnam Insurance Institute, Shri D. Nageswara Rao, extended a warm welcome to all. In his welcome address, he thanked the Insurance Institute of India for holding this Conference at Visakhapatnam. He briefed in his address the activities undertaken by Visakhapatnam Insurance Institute and hoped that the deliberation in this Conference will benefit many.
The President, Shri M. Ramadoss in his Presidential address welcomed the Chief Guest, Prof. Y. Satyanarayana and other dignitaries to the Conference. He conveyed his thanks to the Chief Guest for accepting the invitation and to inaugurate the Conference. Prof. Satyanarayana, an eminent educationist and the Vice-Chancellor of AP Law University. The President expressed his happiness to have an apt personality as Chief Guest.
The Chief Guest Prof. Y. Satyanarayana in his address conveyed his thanks to Insurance Institute of India for inviting him to be the Chief Guest and to inaugurate the 55th Annual Conference.
He started his address complimenting both Visakhapatnam Insurance Institute and the Insurance Institute of India for being in the cause of imparting insurance education across the country. He expressed his happiness to be here in the midst of Insurance experts like Shri M. Ramadoss and other senior personalities from different insurance companies. He shared his experience being a teacher and his understanding on the subject of insurance. Though insurance is a business, but it is different from others because it has social commitment. The chief guest advocated retaining the human rights and living happily is of paramount importance. Being a lawyer, the Chief Guest often quoted in his speech human rights from judicial point of view. Human beings have the rights to live with the dignity. Social and Economic Security are the basic rights which the State has to provide. For providing these securities, the State looks up on different bodies like Insurance Companies, Banks, etc. In his address, the Chief Guest touched upon certain points and provisions in the Constitution of India for providing Social and Economic Security to its people. Citing some of his personal experiences, he projected to the audience how insurance gives protection when a person who has insured retires from active service. He was admired by the amount of awareness on the subject of insurance gained in the recent times as compared to the olden times when insurance was not as popular as it is today. He complimented the Government for this and opined that insurance coverage is really a protecting tool when there is loss of Life, Property, Personal Accident, Etc.
In the present context, Destruction and Damage to personal lives and property are increasing and insurance becomes really important in such situation. He advocated that insurance sector is created for the welfare of the people. He concluded his speech wishing the function to be successful and
also congratulating the organizers of the conference at Visakhaptnam, a city known for peace.
| Thereafter, the Chief Guest gave away the prizes as under: Sr. No. |
Name of the Competition |
Name |
Member of |
Topic |
|
1 |
S. K. Desai Essay Writing Competition |
Smt. Teena Makhija |
Delhi Insurance Institute |
BANCASSURANCE - SOME REFLECTIONS. |
|
2 |
D. Subrahmanian Award Essay Writing Competition |
Shri Dilpreet Singh |
Amritsar Insurance Institute |
A STUDY ON THE DEVELOPMENT HEALTH INSURANCE - ITS HISTORY, CURRENT SCENARIO & THE FUTURE PROSPECTS IN INDIA… |
|
3 |
Technical Paper Essay Writing Competition (Life Branch) |
Shri Nirjhar Majumdar |
Indian Ins. Institute, Kolkata |
HOW TO INCREASE LIFE INSURANCE PENETRATION IN THE NEXT DECADE- INNOVATION TECHNIQUES, CHANNELS OF DESIGN & PRODUCTS |
|
4 |
Technical Paper Essay Writing Competition (General Branch) |
R. Sujatha |
Madras Insurance Institute |
RELEVANCE OF ENTERPRISE RISK MANAGEMENT |
|
5 |
Technical Paper Essay Writing Competition (General Branch) (Consolation Prize) |
Deepak Kumar |
Indian Ins. Society, Kolkata |
ROAD MAP TO CREATING NATURAL CATASTROPHE AND NUCLEAR POOL |
PHOTO FLASHES
55th Annual Conference of Insurance Institute of India
