Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Bi Growth In Indian Insurance Sector
Download Bi Growth In Indian Insurance Sector full books in PDF, epub, and Kindle. Read online Bi Growth In Indian Insurance Sector ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis BI Growth in Indian Insurance Sector by : Prithvi Yadav
Download or read book BI Growth in Indian Insurance Sector written by Prithvi Yadav and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The insurance industry is now witnessing new competition in the market (such as risk management, branding, fraud, ROI, operational efficiency, etc.), due to which, insurers find themselves fighting in a larger battlefield. In this competitive world a successful insurer would be the one who is intelligent enough to have the foresight of the market and builds strategies to gain an edge over the competitors. A large pool of customers, increasing per capita income and low insurance penetration in developing countries such as China, India, Brazil, Thailand, make these insurance markets potential high growth candidates. In today's increasingly competitive business environment, Business Intelligence (BI) solution acts as a key factor. To stay ahead of the competition insurance companies require the ability to predict and also respond to the trends in the marketplace. This paper attempts to understand the challenges faced by the Indian insurance industry in view of the presence of multinational insurance companies in India which are equipped with up-to-date BI tools. BI tools applied on data collected from local insurance companies reveal that customer-oriented approach has been lacking. At the same, Indian companies are showing readiness to catch up with the BI era in order to move along with multinational companies. The current study shows the potentiality of the Indian insurance market in context of the global market and the case study applies some BI tools (Decision Tree Analysis and Multinomial Logistic Regression) on the data of an insurance company, availed by a local agent. The results generated by the tools have been validated by comparing them, and thus, it is shown that these tools are much appropriate for analysis of insurance data in a BI environment.
Book Synopsis The Life Insurance Industry in India by : Tapas Kumar Parida
Download or read book The Life Insurance Industry in India written by Tapas Kumar Parida and published by Springer. This book was released on 2016-12-28 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book traces the development and analyses the performance of life insurance industry in India, since inception of this sector, using different business indicators over the years. It discusses the evolution and changing features of the Indian insurance industry in 3 phases: phase I from 1818 to 1956, phase II from 1956 to 2000 (known as the nationalisation period) and phase III post 2000 (called the post reform period). The book also measures the relative efficiency and productivity of the life insurance industry in India for the post-reform period, by employing Data Envelopment Analysis (DEA). Despite the fact that the life insurance sector recorded a compound annual growth rate (CAGR) of 17% in terms of total premiums and 21% in terms of new business premium collections during the post reform period, the insurers continue to grapple with the issue of profitability. Against this background, the book presents results on the factors determining profitability of the life insurance companies using measures of efficiency and competition. By helping regulatory authorities determine the future course of action in the context of entry of foreign insurers and also in establishing a level playing field, the book has important policy implications.
Book Synopsis Indian Life and Health Insurance Industry by : Novi Dewan
Download or read book Indian Life and Health Insurance Industry written by Novi Dewan and published by Springer Science & Business Media. This book was released on 2008-08-29 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Novi Dewan establishes a status quo of the Indian health and life insurance industry and discusses the best practices for various elements of the marketing mix. She complements secondary research with recent empirical data accentuating the emerging opportunities and challenges in the Indian Insurance Industry by using standardized interviews with opinion leaders and CEOs of several insurers.
Book Synopsis A Study on the Growth of Indian Insurance Sector by : N. Kannan
Download or read book A Study on the Growth of Indian Insurance Sector written by N. Kannan and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Insurance sector in India governed by Insurance Act, 1938, the Life Insurance Corporation Act, 1956 and General Insurance Business (Nationalisation) Act, 1972, Insurance Regulatory and Development Authority (IRDA) Act, 1999 and other related Acts. With such a large population and the untapped market area of this population Insurance happens to be a very big opportunity in India. Today it stands as a business growing at the rate of 15-20 per cent annually. Together with banking services, it adds about 7 per cent to the country's GDP .In spite of all this growth the statistics of the penetration of the insurance in the country is very poor. Nearly 80% of Indian populations are without Life insurance cover and the Health insurance. This is an indicator that growth potential for the insurance sector is immense in India. It was due to this immense growth that the regulations were introduced in the insurance sector and in continuation “Malhotra Committee” was constituted by the government in 1993 to examine the various aspects of the industry. The key element of the reform process was Participation of overseas insurance companies with 26% capital. Creating a more efficient and competitive financialsystem suitable for the requirements of the economy was the main idea behind this reform. Since then the insurance industry has gone through many sea changes .The competition LIC started facing from these companies were threatening to the existence of LIC .since the liberalization of the industry the insurance industry has never looked back and today stand as the one of the most competitive and exploring industry in India. The entry of the private players and the increased use of the new distribution are in the limelight today. The use of new distribution techniques and the IT tools has increased the scope of the industry in the longer run.
Book Synopsis An Empirical Study of Investment Pattern of Indian Insurance Companies: A Case Study of Public and Private Insurance Companies by : Dr Manish Dadhich
Download or read book An Empirical Study of Investment Pattern of Indian Insurance Companies: A Case Study of Public and Private Insurance Companies written by Dr Manish Dadhich and published by Book Rivers. This book was released on 2022-05-24 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Life Insurance in Asia by : Stephan Binder
Download or read book Life Insurance in Asia written by Stephan Binder and published by John Wiley & Sons. This book was released on 2012-09-24 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: An incisive look at the war for market share in the Asian life insurance market Although the life insurance industry in Asia has emerged from the financial crisis stronger than ever, it has not escaped unchanged. As the general focus of insurance companies across the continent moves towards profitability beyond growth, tightening regulatory measures, shifts in consumer preferences, and risk tolerance, battle lines have been drawn between local incumbents, attackers, and foreign players. Life Insurance in Asia: Winning in the Next Decade, Second Edition looks at the ways in which small local agencies and multinational companies alike are seizing control of as much of the market as they can by aggressively recruiting new agents, leveraging new channels, and selling new products to cash in on the explosive Asian markets. Thoroughly revised and updated, this new edition offers a comprehensive introduction to the booming Asian life insurance markets and outlines exactly what it takes to capture the opportunities that are emerging. Drawing on the research and experience of the McKinsey Asia financial services team, it includes everything you need to know about the battle for the life insurance market in Asia. Looks at how China and India are becoming increasingly important players on the international life insurance scene Goes behind the scenes of the Asian life insurance industry and the contentious battle for market share Outlines the steps to successfully entering, and prospering, in the Asian market The life insurance industry in Asia is changing like never before. What the future holds, no one knows, but with Life Insurance in Asia in hand, you'll have a clear idea of the factions in play and the rules of the game.
Book Synopsis Indian Insurance Sector in 21st Century by :
Download or read book Indian Insurance Sector in 21st Century written by and published by Gyan Publishing House. This book was released on 2009 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Indian Insurance written by H. Narayanan and published by . This book was released on 2006 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enthused And Encouraged By The Exemplary Success Of Life Insurance Corporation Of India The Government Of India In The Early 1970S Decided To Bring In The General Insurance Industry Also Into The Vortex Of A Nationalised Setup To Provide Comprehensive Insurance Security To The People Of India.How Effectively And Substantially Life Insurance Corporation Of India And The Four Nationalised General Insurance Companies, The Holding Companies Of General Insurance Corporation Of India, Contributed To Redesigning The Socio-Economic Fabric Of Modern India Is A Part Of The Post Independent Economic History Of India.Though These Two Organisations Have Interlaced And Intertwined Their Destiny With That Of India, The Preference Shift In The Indian Markets, New Realities Of The Global Economic Order, And Demands Arising Out Of Multilateral Trade Agreements Have All Left India With No Option Other Than Throwing Open Its Economic And Commercial Policies To Global Competition And Challenges.
Book Synopsis The perception of college teachers towards life insurance. A case study by : Dr. Balasaheb Chavan
Download or read book The perception of college teachers towards life insurance. A case study written by Dr. Balasaheb Chavan and published by GRIN Verlag. This book was released on 2020-11-10 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2020 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: A, , course: Minor Research, language: English, abstract: This study is necessary to understand the position of insurance sector in Latur district and perception of the general public towards insurance industry and its products as compared to other parts of Maharashtra. People residing in rural and urban area; view differently for the same service that has been provided by the insurance company. This difference of thinking or attitude is due to their income level, standard of living, education, knowledge about industry etc. People irrespective of living in any area can have any type of insurance products or service, but generally rural people look towards insurance as investment and urban as protection or safeguard against loss to life or property. So the rural people believe in such product which will give them lump sum amount at the maturity of the policy. But the urban people believe that insurance should protect them or their family after any bad or unfortunate incident happens with them. It means that the Ϯςͮ Minor Research Project / Dr. B. T. Chavan urban people use to take such insurance policies which will provide huge lump sum amount after the loss to life to the remaining family members. Latur district is situated in the south eastern part of Marathwada region of Maharashtra state. Insurance generally operates on the premise of uncertain future and as such its promotion and development depends mostly on the ability of insurers in assessing the real uncertainties of life of the insured. Insurance provides payment for unexpected losses to individual’s family and business firms, allowing their activities to continue smoothly despite unfavorable and unfortunate events. An insurer’s reputation is evaluated mainly on his ability to fulfill his promise when the insured needs it. The life insurance industry also plays an important role in the mobilization of household and corporate savings and promoting investment activity. This industry provides for efficient and productive allocation of capital resources, thus facilitates growth and development of an economy. The life insurance industry in India, with LIC and 23 private sector players, has been playing a major role in performing some insurance functions of Society.
Book Synopsis Comparative Analysis of Life Insurance Sector in India with BRIC Nations by : Leena Dam
Download or read book Comparative Analysis of Life Insurance Sector in India with BRIC Nations written by Leena Dam and published by . This book was released on 2017 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: Insurance serves the dual role of savings and investment. Life insurance primarily is a tool to mitigate the financial risk arising because of death of the insured. The capital pool arising from collection of life insurance premium is deployed in numerous nation building activities which enhance economic growth. The BRIC nations with a combined population of around 3 billion are a prosperous market for life insurance business. All BRIC nations having liberalized their insurance industry there is a level playing field for both public and private industries. In the world market, the scope for expansion has reduced in the more matured economies. Hence global insurance companies are concentrating attention in the emerging markets. In all these markets, life insurance sector represents a vibrant market, which is strongly expanding and establishing itself as a significant contributor of economic growth. India does not find a place in the top ten countries with her life insurance business.
Download or read book Big Data written by Kiran Sood and published by Emerald Group Publishing. This book was released on 2022-07-19 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: Striking a balance between the technical characteristics of the subject and the practical aspects of decision making, spanning from fraud analytics in claims management, to customer analytics, to risk analytics in solvency, the comprehensive coverage presented makes Big Data an invaluable resource for any insurance professional.
Book Synopsis Recent Trends in Insurance Sector in India by : K. Ravichandran
Download or read book Recent Trends in Insurance Sector in India written by K. Ravichandran and published by . This book was released on 2007 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributed articles presented earlier at the National Level Seminar on "Recent Trends in Insurance Sector" in November 2006 at Gandhigram Rural University, Gandhigram.
Book Synopsis Growth of Indian Insurance Industry in the Era of Liberalization by : Venkata Sai Srinivasa Rao Muramalla
Download or read book Growth of Indian Insurance Industry in the Era of Liberalization written by Venkata Sai Srinivasa Rao Muramalla and published by . This book was released on 2020 with total page 10 pages. Available in PDF, EPUB and Kindle. Book excerpt: The insurance sector is one of the most promising sectors in India. Overall premiums sustained an average growth rate of 10.62 per cent during the period after liberalization of the sector in 1999 till 2009. This was one of the most steady growth patterns witnessed among emerging economies in Asian as well as global insurance markets. Higher per capita income, domestic savings and availability of more instruments for parking surplus funds has been facilitating the growth in the activities of insurance sector in India. Indian insurance industry with the largest number of life insurance policies in force in the world, the penetration of insurance as a percentage of GDP stood at 5.2 per cent as of March 2009 as against 1.2 per cent in 2000. In the light of these developments in the insurance industry, this paper signifies the issues of growth of Indian insurance sector particularly in the post-liberalization era.
Book Synopsis Performance And Progress Of Life Insurance Business In The Era Of Reforms by : Dr G Srinivasa Rao
Download or read book Performance And Progress Of Life Insurance Business In The Era Of Reforms written by Dr G Srinivasa Rao and published by Archers & Elevators Publishing House. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Risk Management in General Insurance Business in India by : Krishan Kumar Pandey
Download or read book Risk Management in General Insurance Business in India written by Krishan Kumar Pandey and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the years, the general insurance companies have been undertaking extensive risk management activities to safeguard the investor as well as investment. In the present-day scenario the two aspects which are of great importance to the general insurance industry are: firstly, the opportunities in the Indian general insurance market and the resulting focus of players on achieving business growth and secondly, the ongoing process of calibrated de-tariffing. Though de-tariffing has provided players with significant opportunities in tapping markets and in coming times may provide even more opportunities, it has placed the onus of correct pricing on the players themselves. This has resulted in players preparing and emphasizing more on identifying risk parameters and pricing products based on risks. The players, under the immediate response to the pressure of a free-market scenario, have dropped the rates even in hitherto non-profitable businesses. An efficient risk assessment and management in general insurance industry is very important due to the entry of private players, corresponding policy changes and the present-day fact of unprofitable books and erosion of capital resulting from unmanageable claim ratios. The present study attempts to identify the various risk management tools applied by the general insurance companies in India and performs a time series analysis of the performance of general insurance business in India in the post-liberalization and postprivatization era.
Book Synopsis Life Insurance in India: Its History and Dimensions of Growth by : G. R. Desai
Download or read book Life Insurance in India: Its History and Dimensions of Growth written by G. R. Desai and published by [Delhi] : Macmillan India. This book was released on 1973 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Prospects for growth and issues in marketing of Health Insurance in India by : Manoj Pareek
Download or read book Prospects for growth and issues in marketing of Health Insurance in India written by Manoj Pareek and published by GRIN Verlag. This book was released on 2018-10-25 with total page 6 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presentation slides from the year 2018 in the subject Health Science, Manipal University, language: English, abstract: Health Insurance market in India has become the fastest growing segment in non –life insurance sector in India. The health insurance business in India saw a 24% growth in FY 17 with a premium of INR 30,765 Cr and a market share of 24%. It has been the fastest growing market segment registering a CAGR of 23% for the past 10 years. Health Insurance Industry is in a nascent stage with 25% of population under its coverage. There exists a huge potential for growth and penetration of Health Insurance to a large population. Going forward in the future there are both opportunities and obstacles in marketing and distribution of Health insurance products in India. This paper attempts to uncover the prospects of successful marketing of such products from the standpoint of Insurance marketers and look at issues of impeding the growth of health insurance market in India.
