Life Insurance in India - Hardcover

Life Insurance in India

Hardcover. Zustand: New. Dust Jacket Included. Contents Preface 1 Insurance Services An introduction 2 Insurance business in India An Overview 3 Life Insurance in India Origin Growth and Present Status 4 Micro Insurance and Financial Inclusion 5 Review of Literature on the Subject 6 Conclusions and suggestions Glossary of Insurance Terms Multiple choice Questions on Insurance Principles and Practice Bibliography IndexAfter a long period of a monopolistic environment the insurance sector in India was opened to private participation with the enactment of the Insurance Regulatory and Development Authority Act 1999 Since then the number of participants operating in life general and reinsurance in both the public and private sectors has increased The opening up has augured well for the sector which has witnessed introduction of new products in recent years In the field of life insurance a wider choice is presently available to the customers with products being tailor-made to the needs of the insured Insurers are putting in much more research into development of products both in the life and general segmentsReforms have created competition in the insurance sector and given the customers a wide choice not only in the matter of insurance companies but also in terms of insurance products However the impact of increased competition is yet to be felt on insurance penetration With banks having already been allowed to undertake insurance business bancassurance market has also come up in a big wayThis book deals with life insurance business in India focusing on recent reforms in this sector Jacket 182 pp. Artikel-Nr. 85767

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