Purchasing life insurance is a widely accept money management approach in United States. People are willing to buy life insurance to avoid paying inheritance tax and financial hardship for families due to their death. It has been found that life insurance industry‚ being a financial intermediation‚ has contributed significantly to economic growth over a 30-year period (USAID‚ 2006) in USA. However‚ a research by Standard & Poor’s (S&P) (Gaskel‚ 2011) has drawn attention‚ which shows that
Premium Insurance Economics Risk management
parts of the world and‚ for most of the world ’s population‚ they are also the most common type of motor vehicle. There are around 200 million motorcycles (including mopeds‚ motor scooters and other powered two and three-wheelers) in use worldwide‚ or about 33 motorcycles per 1000 people. As of 2002‚ India with an estimated 37 million motorcycles/mopeds was home to the largest number of motorised two wheelers in the world. China came a close second with 34 million motorcycles/mopeds. Motorbikes are
Premium Bajaj Auto
INTRODUCTION TO THE INDUSTRY The industry is estimated to be a US$ 34 billion industry with exports contributing 5 per cent of the revenues. The growth of the Indian middle class with increasing purchasing power along with the strong growth of the economy over the past few years has attracted global major auto manufacturers to the Indian market. Moreover‚ India provides trained manpower at competitive costs making India a favored global manufacturing hub. The Indian automobile industry is going
Premium Honda Motorcycle Automobile industry in India
FINDINGS & SUGGESTION Some type of agent network is must. As insurance customers rely on personal interactions and a need a high level of service that can be very well maintained by these types of rural agents. The distribution channel need to be improved and new ideas and people are need to be discovered those can work as an insurance agents. The Gram Pradhan‚ doctors‚ school teachers‚ mandi samiti etc. may be good agents for this purpose. Villagers have high trust in banks and post office
Premium Life insurance
CONSUMER PERCEPTION ON SECURITY IN E-COMMERCE PORTALS ABSTRACT With the introduction of internet and e-commerce many companies have been performing their business transactions through e portals such as C2B (Consumer to Business)‚ B2C (Business to Consumer) etc. Increasing technology changes has bought tremendous changes in online business transactions and /or processes (buying and selling) and currently this process has become common. Currently E-commerce portals are playing a vital role in online
Premium Electronic commerce Marketing Online shopping
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
Free Insurance Actuarial science Underwriting
INTRODUCTION Life Insurance is a contract between two parties‚ an insurer and an insured‚ where the insurer agrees to pay a designated amount upon the death of the insured for a premium. HISTORY The history of life insurance industry dates back to year 1818‚ in which the first Indian Life Insurance company‚ Oriental Life Insurance Company was started. In 1928‚ the Government of India enacted the Indian Insurance Companies Act which was later modified in 1938 (Insurance Act‚ 1938) to protect
Free Insurance Actuarial science Investment
Introduction INDUSTRY PROFILE A) HISTORY OF INSURANCE Almost 4‚500 years ago‚ in the ancient land of Babylonia‚ traders used to bear risk of the caravan trade by giving loans that had to be later repaid with interest when the goods arrived safely. In 2100 BC‚ the Code of Hammurabi granted legal status to the practice. That‚ perhaps‚ was how insurance made its beginning. Life insurance had its origins in ancient Rome‚ where citizens formed burial clubs that would meet the funeral
Premium Insurance Life insurance
PROJECT FILE ON BAJAJ AUTO Submitted to Submitted by Class MBA-1(B) Roll No. Summary: The Bajaj Group was founded in 1926 by Jamnalal Bajaj and now consists of 27 companies. In 1945‚ Jamnalal Bajaj had formed M/s Bach raj Trading Corporation Private Limited‚ the flagship company‚ to sell imported two-wheelers and three-wheelers. The company acquired license from the government in 1959 to manufacture these vehicles and went public the next year. By 1977‚ the company saw its plant
Premium Bajaj Auto Auto rickshaw
SYNOPSIS “MARKET RESEARCH AND ANALYSIS OF BAJAJ PULSAR 150” LAL BAHADUR SHASTRI INSTITUTE OF MANAGEMENT SUBMITTED TO: Ms Sikha Singh SUBMITTED BY: SECTION- C GROUP-7 SURYADEEP JAIN -158 ADITYA GOEL- 161 SAYAK RAY-159
Premium Bajaj Auto