Risk Management is nothing but a common sense – to organise, to plan, to manage the risks which, if not managed in the best way, could lead to adversity.
Risk Management is that function of management which is concerned with protection of corporate assets, earnings, that may be brought by the operation of fortuitous events," he says.

Another encouraging development in the field of Insurance Industry, as far as jobs are concerned, is permitting foreign companies to invest in the insurance sector in India.

This is bound to create competition and subsequently demand for personnel in this sector.