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Overview of Indian insurance industry 2013

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Outlook of Indian Insurance Industry lEafCraft Insights

Overview of Indian insurance industry 2013
INDEX Introduction.......................................................................................................................................3 Brief history.......................................................................................................................................4 Market share of different insurance companies for the financial year 2012...............................5 Status of the Indian insurance industry and its demographics.................................................... 6 Changing market dynamics: evolution of mindset of the Indian population.............................. 7 Marketing strategies for various companies...................................................................................8 The way ahead..................................................................................................................................10

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Overview of Indian insurance industry 2013
INTRODUCTION Life is synonym to uncertainty and has become prone to contingency at any point of time. Any injury or accident can happen to anyone of us or our loved ones at any point of time. The material value of our life or immortal possessions of ours cannot be correctly estimated but of course we can keep a backup in case something fatal happens to them. This very function is served by insurance that provides us with a mental and financial security and makes our life easier in case some contingency happens. In short insurance is that extra security that helps to pay or replace a thing or even receive regular payments in case something unfavourable happens to our life or property without having to take the extra pain to arrange for funds after the

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