A PROJECT ON INSURANCE INDUSTRY IN INDIA FOCUSING ON RELIANCE LIFE INSURANCE PREFACE The liberalization of the Indian insurance sector has been the subject of much heated debate for some years. The policy makers where in the catch 22 situation wherein for one they wanted competition‚ development and growth of this insurance sector which is extremely essential for channeling the investments in to the infrastructure
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Indian Insurance Industry INTRODUCTION- In one form or another‚ we all own insurance. Whether its auto‚ medical‚ liability‚ disability or life‚ insurance serves as an excellent risk-management and wealth-preservation tool. Having the right kind of insurance is a critical component of any good financial plan. While most of us own insurance‚ many of us don’t understand what it is or how it works. In this tutorial‚ we’ll review the basics of insurance and how it works‚ then take you through the main
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Insurance sector in India Index Topic Page numbers 1. Brief history of the Insurance sector in India 1 – 3 2. Life Insurance industry in India 3 – 31 - Market structure - Product mix and margins - Key factors driving growth and profitability - Market share dynamics – LIC v/s Private cos - Analysis of the big 5 private players - Life Re-insurance 3. Non-Life insurance industry in India 32 – 42 - Market structure and products - Market share dynamics - Impact
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PROGRESSIVE INSURANCE In Partial Fulfillment of the Requirements in MGT248 – Production and Operations Management Submitted to: Reynaldo C. Navacilla‚ MPA Professor Submitted by: Alvarez‚ Althea Grace Corda‚ Jennifer Maglinte‚ Kina Matuguina‚ John Oliver Rivera‚ Donita Marel Romea‚ Jonna Lynn Siblos‚ Quennie Jane BSA -3A MWF / 2:35-3:35pm / C405 November 21‚ 2011 INTRODUCTION The Progressive Insurance otherwise‚ known as the Progressive Casualty Insurance Company‚ provides
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the impact of competition in the field of Insurance Industry Huge opportunity seen in pet life insurance Priya Sheth With rising veterinary costs‚ there is an increasing demand for health insurance for pets‚ although this product is currently not available. On the other hand‚ pet life insurance which is available‚ finds hardly any takers. “Pet health insurance as a product is not available in India today due to the small market size of pet insurance. Due to the high costs of maintaining a
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MARINE INSURANCE Marine insurance is the indemnity for the loss of cargo or damage to ships during the shipment. The risks that marine insurance covers are fire‚ seizures‚ wars‚ accidents or causalities which take place over the sea. The winds and waves are not included as risks in the marine insurance. The Indian Marine Insurance Act‚ 1963 is imbibed from the Marine Insurance Act‚ 1906. Though the Marine Insurance Act is deep in its insurance coverage‚ it does not provide for losses that occur
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Insurance Insurance a defensive measure used against future conditional losses to hedge the possible risks of the future. It is a legal contract that protects a person from contingent risk of losses through financial means and provides a means for individuals and societies to handle some of the risks faced in daily life. Policies the contracts of insurance that are provided by insurance companies. Premium the regular amount charged from customers by the insurance companies‚ which is
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Industry Profile * History of Insurance * Types of Insurance * Life Insurance * Non Life Insurance | * Development of Life Insurance in India * Development of Life Insurance in Rural India * IRDA (Insurance Regulatory Development Authority) * Advantage of Life Insurance * Limitation of Life Insurance | The History of Insurance Although insurance may have been used by the Babylonians‚ the Greeks and the Romans‚ insurance in the modern sense originated
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DISSERTATION REPORT ON Marketing of General Insurance Products (with special reference to Iffco- Tokio General Insurance) SUMITTED IN PARTIAL FULFILLMENT OF THE RQUIREMENT OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION H.N.B. GARHWAL UNIVERSITY SRINAGAR‚ GARHWAL SUBMITTED BY: SUBMITTED TO: Vaibhav Joshi Ms. Prapti Tandon MIB IVth Sem Faculty of IMS MIB06037 INSTITUTE OF MANAGEMENT STUDIES‚ DEHRADUN CERTIFICATE I have the pleasure in certifying that Mr
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Reliance Insurance Company‚ now officially known as Reliance Insurance Company [in Liquidation]‚ was founded in Philadelphia in 1817. In October 2005‚ Reliance Insurance Company had taken place in India. Reliance Life Insurance Company Limited is an associate company of reliance - Anil Dhirubhai Ambani Group. Reliance Capital Limited is one of India’s leading private sectors. Reliance capital has interests in an asset management and mutual funds‚ stock broking‚ life and general insurance’ proprietary
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