Book on ‘Understanding Insurance’ launched
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Hydery A. Rehmanjee presents the book to Chairman Gunawardene.
Picture by Saliya Rupasinghe
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THE BOOK titled ‘Understanding Insurance’ by Hydery A. Rehmanjee was
launched yesterday at the Trans Asia Hotel. Rehmanjee, a Director of
Union Assurance PLC, is the author of the book.
Ajit Gunewardene the Chairman and the other Directors of Union
Assurance PLC including Mrs. Marina Tharmaratnam, Director/CEO were also
present at the occasion.
‘Understanding Insurance’ is the second book on insurance authored by
Rehmanjee. The first book titled ‘Understanding and Analysis of
Insurance Accounts’ was launched in December 2003.
The insurance business, to many, appears to be surrounded in mystery.
In his book titled ‘Understanding Insurance’ Rehmanjee explains, in
simple language the principles and practices of insurance.
The author describes how the business of insurance operates in an
environment in which existing risks are changing and new risks emerging
as insurers endeavour to fulfill the basic purpose of insurance, which
is to spread the losses of the few amongst the many.
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