belonging to either public sector or private sector insurance – LIC of India, SBI Life, Kotak, Birla Sun Life, to name a few – offering many unique products. Before you choose an insurer, you must decide whether you should you go for a private sector insurer or a public sector one? So what are the factors to be considered? Claim Settlement Ratio This is the ratio of number of claim settled by the company to number of claims received. While LIC had the highest claim settlement ratio, few private sector
Words: 283 - Pages: 2
has made the insurance market more challenging. The companies offer policies through various distribution channels and adopt new ways to penetrate deeply into new geographical areas. Tremendous improvement in the quality of services offered by the LIC has been observed after the entry of new companies
Words: 5603 - Pages: 23
THE UNIVERSITY OF NOTTINGHAM Centre for Risk & Insurance Studies Privatization of the Insurance Market in India: From the British Raj to Monopoly Raj to Swaraj Tapen Sinha CRIS Discussion Paper Series – 2002.X Privatization of the Insurance Market in India: From the British Raj to Monopoly Raj to Swaraj by Tapen Sinha, Ph.D. ING Comercial America Chair Professor Instituto Tecnológico Autónomo de México Mexico City, Mexico and Professor, School of Business University of Nottingham
Words: 6374 - Pages: 26
Enhancing Competitiveness: The Case of the Indian Life Insurance Industry Shilpa Rastogi* Runa Sarkar*,** Abstract: Insurance industry contributes to the financial sector of an economy and also provides an important social security net in developing countries. The consistent sub-optimal performance of this sector in India from independence through the 1990s has led to different sets of reforms, with each model adopted focusing on distinct competitive strategies. This study identifies the causes
Words: 5570 - Pages: 23
Overview of Indian insurance industry 2013 1 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
Words: 2796 - Pages: 12
THE UNIVERSITY OF NOTTINGHAM Centre for Risk & Insurance Studies Privatization of the Insurance Market in India: From the British Raj to Monopoly Raj to Swaraj Tapen Sinha CRIS Discussion Paper Series – 2002.X Privatization of the Insurance Market in India: From the British Raj to Monopoly Raj to Swaraj by Tapen Sinha, Ph.D. ING Comercial America Chair Professor Instituto Tecnológico Autónomo de México Mexico City, Mexico and Professor, School of Business University of Nottingham, UK tapen@itam
Words: 6374 - Pages: 26
MIS IN Insurance Sector The most important aspect for any financial services institution dealing with today’s regulatory framework is the need to build an integration, risk, compliance and regulatory environment. The globalization of business, the proliferation of, and dependency on, technology, and the preservation of a trusted and secure environment to facilitate financial institutions, all require financial services organizations to have in place the mechanisms to ensure sound and reliable security
Words: 1226 - Pages: 5
Research paper on Awareness of Life Insurance In Yeoor Gaon Submitted By Finance- I Roll No: 010103 For the degree of Master of Business Administration Under the guidance of Academic year 2010-2012 Table of Content Sr.no | Topics | Page no | 1 | Executive Summary | 3 | 2 | Introduction | 4 | 3 | Objectives | 6 | 4 | Literature Review | 7 | 5 | Research Methodology | 9 | 6 | Research Outcome | 10 | 7 | Conclusion | 11 | 8 | References | 12 | 9 | Annexure-Questionnaire
Words: 2289 - Pages: 10
DECLARATION I, Mr. RAJEEV KUMAR JHA, hereby declare that the project work entitled Co- Operate Social Responsibility submitted to G.I.D.C ROFEL BUSINESS SCHOOL, VAPI Approved by All India Council For Technical Education, is a record of an original work done by us under the guidance of Mr.DEWANG DESAI and this project work has not been submitted to any other University / Institute previously. ACKNOWLEDGEMENT I take this as an opportunity to thank with bottom of my heart to all those, without
Words: 6043 - Pages: 25
EXECUTIVE SUMMARY This project was carried out in the HR department of BHARTI AXA Life insurance co. Pune. Bharti AXA Life insurance is only concern with life insurance and General insurance. The objective of this project is to study the entire Recruitment & Selection processes at Bharti AXA Life insurance. The Human Resources Department of Bharti AXA Life insurance carries out both these functions quite effectively. Hence, the procedure of Recruitment is studied thoroughly and some inferences
Words: 3465 - Pages: 14