Indian Life Insurance Industry in Post Liberalization Dr.Anshuja Tiwari‚ Assistant Professor‚ Barkatullah University Babita Yadav‚ Faculty of Managment Abstract India is fast emerging on the world map as a strong economy and a global power. With a huge population and large untapped market‚ life insurance happens to be a big opportunity in India. Soon after the liberalization‚ there was a remarkable improvement in the Indian life insurance industry. After 1991‚ the Indian life insurance industry
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Bangladesh has a subtropical monsoon climate characterized by wide seasonal variations in rainfall‚ moderately warm temperatures‚ and high humidity. Regional climatic differences in this flat country are minor. Three seasons are generally recognized: a hot‚ humid summer from March to June; a cool‚ rainy monsoon season from June to October; and a cool‚ dry winter from October to March. In general‚ maximum summer temperatures range between 32°C and 38°C. April is the warmest month in most parts of
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INSURANCE COMPANIES Insurance companies play an important role in an economy in that they are risk bearers or the underwriters of risk for a wide range of insurable events. Moreover‚ beyond their risk bearer role‚ insurance companies are major participants in the financial market as investors. To understand why‚ we will explain the basic economics of the insurance industry. As compensation for insurance companies selling protection against the occurrence of future events‚ they receive one or more
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M icrocredit in Bangladesh : Achievements and Challenges Dr. Salehuddin Ahmed Managing Driector Palli Karma - Sahayak Foundation (PKSF) Bangladesh. 1. Introduction In recent years‚ microcredit‚ in its wider dimension known as microfinance‚ has become a much f avoured intervention for poverty alleviation in the developing countries and least development countries. There is scarcely a poor country and development oriented donor agency (multilateral‚ bilateral and private) not
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INDEX * EXCECUTIVE SUMMARY OF INSURANCE SECTOR * INTRODUCTION * HISTORY OF INSURANCE SECTOR * TYPES OF INSURANCE * PRINCIPLES OF INSURANCE SECTOR * STRATEGIC MANAGER * ROLE OF INSURANCE SECTOR * CONCLUSION * BIBLOGRAPHY. EXECUTIVE SUMMARY ON INSURANCE SECTOR : Insurance sector in India is one of the booming sectors of the economy and is growing at the rate of 15-20 per cent annum. Together with banking services‚ it contributes to about 7
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Assignment 6: Insurance and Consumer Protection (26.0 points) 1. Think of a real or made up but realistic example of a pure risk that you or someone you know may face‚ and then answer the questions below. a. Describe the specific risk. (1-3 sentences. 0.5 points) loosing a job b. What sort of negative outcomes are possible for this type of risk? (1-3 sentences. 1.0 points) you wont have any money because you wont get paid c. Would this risk be likely to create unexpected
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Jagannath University Dhaka Bachelor of Business Administration Programme Department Of Management Studies Course Name- Bangladesh Studies Course Code- 2218 A Report And Presentation On Educational Development And Strategic Planning In The Perspective Of Bangladesh 1|Page PRESENTED AND PREPARED BY GROUP NO: 22 8TH BATCH SECTION: A GROUP MEMBERS Serial no 1. 2. 3. 4. 5. 6. Name of student Student ID Md. Nafiz Hassan Mahirul Islam Md. Sojol Miaa Md. Masud Chowdhury Habibur Rahman Md. Nahidur
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Insurance Sector in India Last Updated: August 2013 Brief Introduction Currently India is a US$41 billion industry. Currently‚ in India only two million people (0.2% of the total population of 1 billion) are covered under Mediclaim‚ whereas in developed nations like USA about 75% of the total population are covered under some insurance scheme. A robust insurance sector is a boon to a country’s economy. The sector facilitates long-term funds for infrastructure development and simultaneously
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The Nature of Insurance came about to offset any loss that an individual or those engaged in business may suffer through the occurrence of some unforeseen event. To offset this loss the commercial world developed the contract of insurance. In return for a fee the individual‚ or the business enterprise‚ would be indemnified for the loss suffered on the occurrence of the event insured against. Contracts of insurance cover a wide field such as life assurance‚ personal accident public liability‚ damage
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risk be likely to create unexpected expenses? Why or why not? I don’t think so ‚ there is no other extra bills you have to pay. d. Describe at least one way you could protect yourself against this risk. One way you could protect yourself is to get insurance. 2. Think of a real or made up but realistic example of a speculative risk that you or someone you know may face‚ and then answer the questions below. a. Describe the specific risk. Invest in something to make money b. What sort of negative
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