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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INSURANCE 2020 – THE PATH AHEAD Introduction Insurance is a social device which help the public to transfer the risk which is integrated part of the human life. It’s been years this term called insurance generated. Now one of the most emerging and greening sector in India is insurance. The needs and preference of a customer is changing day by day. The people are more aware about the need for diverting the risk to a third party by taking insurance. They also consider insurance as an investment
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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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Claims Management in General Insurance - Issues & Concerns - R.Qaiser‚ Faculty Member‚ NIA‚ Pune Underwriting and claims settlement are the two most important aspect of the functioning of an insurance company. Out of any insurance contract‚ the customer has the following expectations: i. ii. iii. Adequate insurance coverage‚ which does not leave him high and dry in time of need‚ with right pricing. Timely delivery of defect free policy documents with relevant endorsements / warranties
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1. INTRODUCTION “The collapse of the HIH Insurance group (“HIH”) resulted in a deficiency of up to A$5.3 billion‚ making it Australia’s largest corporate failure. The ensuing Royal Commission report released in April 2003 provides a rare detailed dissection of a spectacular corporate implosion and a very useful case study from which corporate governance lessons may be learned. This is particular so because HIH was not unusual case of major fraud or embezzlement. The failures identified by Commissioner
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ON FDI in Life Insurance By Susmit Kulkarni Vineet Limaye Amar Naphade Ishan Kathale ABSTRACT The Insurance sector reforms have open in the door for private players‚ private insurance companies in the beginning of life insurance business with public sector company (LIC). Foreign Direct Investment (FDI) has allowed in private life insurance companies in India‚ under an act of Insurance Regulatory and Development
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PRUDENTIAL ASSURANCE MALAYSIA BERHAD ------------------------------------------------- REPORT ON THE CURRENT INSURANCE INDUSTRY SITUATION AND EMPLOYMENT OPPORTUNITIES AVAILABLE IN THE INSURANCE INDUSTRY TERMS OF REFERENCE To investigate the current industry situation and employment opportunities available in the insurance industry‚ specifically in Prudential Assurance Malaysia Berhad. ------------------------------------------------- PROCEDURE -------------------------------------------------
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2 | Introduction | | 3 | Objectives of the Study | | 4 | Methodology | | 5 | A study on Indian General Insurance Industry- Auto Insurance | | 6 | Suggestions & Findings | | 7 | Conclusion | | 8 | Bibliography | | EXECUTIVE SUMMARY The project is about the study conducted on Indian General Insurance Industry‚ in particular with the Auto Insurance segment of general insurance. It studies the current market how the insurance segment is booming in the last few years. How
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PROJECT REPORT ON AVIATION INSURANCE T.Y.BBI (SEMESTER VI) ACADEMIC YEAR: 2011– 2012 SUBMITTED BY: PAYAL PEDNEKAR. ROLL NO: 1182326 PROJECT GUIDE PROF. PRATIBHA JITESH. VIDYA PRASARAK MANDAL’S R. Z. SHAH COLLEGE OF ART’S SCIENCE AND COMMERCE MITNAGAR ROAD‚ MULUND (EAST) MUMBAI - 400081 DECLERATION I Payal Pednekar the student of Banking and Insurance Semester 6th (2011-12) hereby declare that I have completed the project on Aviation Insurance. The information
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INTRODUCTION Insurance is a form of risk management in which the insured transfers the cost of potential loss to another entity in exchange for monetary compensation known as the premium. Insurance allows individuals‚ businesses and other entities to protect themselves against significant potential losses and financial hardship at a reasonably affordable rate. We say "significant" because if the potential loss is small‚ then it doesn’t make sense to pay a premium to protect against the loss. After
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