Gentlemen (I mean the authors), for heaven's sake, do your homework before opening your mouths!! Rs. 92 crore premium for an asset worth Rs. 250 crore? You don't need to be an insurance expert to realise there's a goof up (at your end, I mean).
RE:92 Crores premium?
by Avinash on Jul 16, 2006 01:07 PM Permalink
Unfortunately replied to the message below yours.
If you have read the article completely and if you understand the principles of insurance, you will understand that the chances of a failure are priced at around (one in three).
