Economic and financial development of any country generally depends upon the insurance sector business. In India, insurance companies have become competitive in nature and are providing appropriate distribution channels to get maximum benefit and serve customers in manifold ways. Indian insurance industry ...
Since then, the insurance sector in India is considered as a flourishing market amongst global insurance companies. In March 2013, the FDI limit has been raised from 26% to 49%. This long pending step will definitely boost the confidence of global insurers and investors. However, the largest ...
Impact of Privatization on Risk Business: A Study of the Life Insurance Sector in India The impact of privatization in risk business in India has shown its impact on transformation from the state of monopoly to mushrooming companies offering i... V Ushakiran,MM Goud,SS Murthy - 《Journal of...
Public Sector Insurers New India Assurance: Backed by the government, it offersaffordable health insuranceoptions with extensive reach. United India Insurance: Known for robust claim support and affordable plans. Oriental Insurance: Offers policies that cater to senior citizens and specialized healthcare ...
India's insurance sector is expected to quadruple to about US$250 billion over the next decade from around US$60 billion at present, according to a study by the Confederation of Indian Industry (CII) prepared in partnership with consultancy firm McKinsey & Co. The report said that the Indian...
Starting from 18th century, the insurance sector in India has completed a full circle from liberalized setup to nationalization and then back to liberalization. India being the second most populated country in the world, with 70 percent population in rural parts, there is huge untapped marked for...
As India embraces digital transformation, inclusion, and a new role as a tech leader exemplified by a decade of technology transformation, or “techade,” new opportunities open up for the insurance sector and the wider financial services industry. With strong valuations and a significant growth ...
Insurance experts rule by promoting the micro-insurance sector while simultaneously investing in and gaining from discursive, material and pedagogical construction of this industry. Future research should address whether such processes and products are effective in managing financial risks of the poor.doi:...
India:Increasing insurance penetration rate can lead to annual savings of US$10bn, says reportIndia Life & HealthThe insurance industry in India is expecting some headwinds shortly because of a number of new developments in the sector.Archived articles are available to Magazine subscribers only. If...
Meanwhile, the cost of natural disaster losses rose over the past two decades. These risks are likely to grow in the future, which will sustain the growth of the insurance sector. Show more - Description Published by Jennifer Rudden, Dec 19, 2023...