The book caters to the need of both beginners and experienced risk management professionals. The first ten chapters cover the fundamentals of risk management. Anyone without any background in risk management can gain a good understanding of the subject. After chapter 10, different issues are discussed such as challenges with corporate governance, the three lines of defense model, the development of risk culture, etc. The challenges mentioned in the book are not only faced in India but also in different parts of the world, that I gathered from reading various academic research papers and global surveys. There are also discussions about the various life insurance risks and their management. Few chapters are dedicated to the development of digitalization and how it can influence risk management. The classic example is how driverless cars are going to change motor insurance. The final chapter is given on flow charts