TATA-AIG Life Insurance Company Ltd. India CGAP Working Group on Microinsurance Good and Bad Practices Case Study No. 14 James Roth and Vijay Athreye – September 2005 Good and Bad Practices in Microinsurance TATA-AIG‚ India Good and Bad Practices in Microinsurance This paper was commissioned by the “Good and Bad Practices in Microinsurance” project. Managed by the ILO’s Social Finance Programme for the CGAP Working Group on Microinsurance‚ this project is jointly funded by SIDA
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Tata AIG Life Client Name Tata AIG Life Services Offered Technology Java/JSP‚ Oracle‚ Flash ActionScript‚ JavaScript‚ HTML/XHTML‚ CSS‚ jQuery. Website Development‚ Technology Development‚ SEO‚ Tools & Calculators‚ Forms‚ Portal Design. Revamp & Design Integration of Online Sales & Customer Portal. The Client Tata AIG Life Insurance Company Limited (Tata AIG Life) is a joint venture company‚ formed by Tata Sons and AIA Group Limited (AIA). Tata AIG Life combines Tata’s pre-eminent leadership position
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AIG Bailout & Stakeholder Analysis In September 2008‚ the American International Group‚ AIG‚ the largest insurance company in the United States‚ suffered from the bad debts incurred insuring mortgage-backed securities. As a result‚ within a matter of three months‚ AIG reported a startling quarterly loss of $61.7 billion‚ largest in the U.S corporate history. Instead of watching this global insurance giant fall on its keens‚ the U.S. government has decided to lend a helping hand by bailing
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Ann-Katrin Kohnle Organizational Behavior AIG American International Group‚ or AIG‚ started out as a company that represented American insurance companies in Shanghai. The company moved on to become a reinsurance company in the United States that would hekp insurance companies disperse their liabilites and therefore aid those companies to grow faster. In 1968‚ Maurice Greenberg took over as CEO and AIG grew and expanded into countries around the world. Today‚ AIG does not only provide reinsurance services
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SCANDALS IN 2000S Named scandals Named scandals in India Scandal Year reported Scope Location Key players Summary 2012 Indian coal mining controversy 2012 185‚591.34 crore (US$33.78 billion) nation Comptroller and Auditor General of India‚ the coal ministry‚ many electricity boards and private companies coal blocks allotted‚ not auctioned‚ leading to estimated losses as per the Comptroller and Auditor General of India [1][2][3] Karnataka Wakf Board Land Scam 2012 200‚000 crore
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AIG overhauls bonus system By David Goldman NEW YORK (CNNMoney.com) -- AIG announced on Wednesday that it is changing the way it pays out bonuses to its employees‚ opting to determine compensation based on performance. "Aligning pay and performance is the hallmark of many world-class organizations and is critical to our future success‚" AIG spokeswoman Christina Pretto said in an e-mailed statement. "By motivating and driving our talent‚ it will also help us remain competitive and ensure a strong
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Due to an unfortunate turn of events‚ I have to spend the night on a creepy‚ four-walled structure that can hardly be called a house‚ but will still serve as a good place to call home. A lot of planning has to be done for the upcoming activities of an organization I’m a part of‚ but at the same time the old folks at school just won’t stop giving us kids deadly homework. One in particular is supposed to be a criticism of an article written by one of the old folks. Something about hegemonic tendencies
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AIG was a very successful company and made billions of dollars on new investment instruments‚ which were so unique that didn’t even fall under any of the securities regulations. For two decades AIG was riding this wave of huge revenues‚ which did not require much in return. The earth under AIG started crashing down‚ once mortgage bubble burst happened. Significant decline in the mortgage prices caused AIG to lose over 62 billion of dollars at the very early stage of the financial crisis. The only
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many secrets and is relived through the through the lives of the residents; the main accounts you will hear about is from three women who have to deal with life through secrets‚ lies‚ and abuse‚ and ’other’ road blocks. Sounds mysterious right? Scandals‚ differences social class‚ and murder. Something worth reading right correct? This novel holds many key points which were happening during the time and was believable by the reader in the 1950s to the 2010s. I’m not saying this because
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classic sex scandal – “a clandestine affair‚ adultery‚ potential conflict of interests‚ second-order transgressions and a stream of revelations about the seamy underside of high society London in the 1960s.” It is no surprise therefore‚ that the story dominated the press and the public’s imagination in the summer of 1963. The Sixties were regarded as an era of decaying moral values and following the Profumo Affair a string of revelations exploded in the media highlighting corruption and scandal amongst
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