This book aims to reduce the huge amount of losses experienced by Insurance Companies due to poor asset valuations and loss adjustments. It provides a number of approaches and methods for valuing various assets and attaining the right sums insured. In claim assessment & adjustment, this book enables Loss Adjusters to compute the Value at Risk and check for the adequacy of sums insured. Even if the average clause doesn't apply, it helps the Insurer to negotiate for additional premiums after a given loss. The book also provides a guide and methods for valuing salvage and scrap from various losses.
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