India’s health insurance market has grown significantly over the past decade. It comprises public sector insurers, private insurers, and standalone health insurance companies. This competitive landscape has led to better policy options, enhanced coverage, and a customer-centric approach by insurance pr...
At present, there are 24 life insurance brokers in India with only LIC of India being the government undertaking and other 23 are either privately owned or joint ventures between two or more private companies (national and/or international) or between private companies and public sector undertakings...
There are 24 life insurance companies in India, recognized by IRDAI and there are only 7 Nationalized Insurance companies in India. Here is the list of most popular life insurance companies along with Exide Life Insurance, Aviva Life Insurance, Reliance Nippon Life Insurance and Aviva Life Insuran...
(2012) Performance of Insurance Companies in India:AComparison of Public and Private Insurers, IUP Journal of Risk and Insurance, 9:1, pp.7.Debabrata Das and Josojit Debanath (2012), "Performance of Insurance Companies in India: A Comparison of Public and Private Insurers. "The IUP ...
However, the largest life insurance and general insurance companies in India are still owned by the government. The foreign insurance players are, however, quite capable of grabbing the vast opportunities and successfully meet challenges, if any....
Its customer-centric approach and strong bancassurance and distribution channels have made it one of the best insurance companies in India. The Total Assets Under Management of the company are Rs. 1,604.10 crores and the company have a Claim Settlement Ratio of 98.58% backed with 11,546 claims...
Every company is trying for innovative product to satisfy customers needs. This research paper attempt to analyse the performance of Insurance Company in Public Sector LIC and Private Companies operating in India under the provisions of IRDA, 1999....
Jan. 17India's ICICI Lombard beats Q3 profit estimates on health, motor insurance boostRE Chart calendar ICICI Lombard General Insurance Company Limited Created with Highcharts 9.3.3Zoom2m3m6m9mYTD1y2y Upcoming events on ICICI Lombard General Insurance Company Limited ...
Many in the industry believe that terrorism risk is not insurable because it cannot be quantified. Modeling companies and insurers, however, are beginning to develop new risk simulation tools for analyzing the risk and bringing clarity to the process of underwriting the terrorism risk.Risk simulation...
In order that risk may be shared and some of the financial burden may be divided, insurance companies often transfer some of the risk to reinsurers, who purchase insurance from the insurance company. This passing of the risk allows insurers to issue policies with higher limits than would ...