FDI in Insurance Introduction The insurance sector in India used to be dominated by the state-owned Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries. But in 1999‚ the Insurance Regulatory and Development Authority (IRDA) Bill opened it up to private and foreign players‚ whose share in the insurance market has been rising. As a part of overall financial sector reforms‚ the Government set up the Committee for Reforms in the Insurance Sector in 1992. In its
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OBJECTIVES OF THE PROJECT Every task is undertaken with an objective. Without any objective a task is rendered meaningless. The main objectives for undertaking this project are: To understand the internal Recruitment process at ICICI Prudential Life Insurance To identify areas where there can be scope for improvement To give suitable recommendation to streamline the hiring process METHODOLOGY The insurance sector is marked with a high level of attrition and therefore
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United States and India are natural strategic allies as they share the same interests and values. Both countries are engaged with each other through linkages in the field of education‚ economics and politics. There are strong diasporic linkages as well. India has over a million diasporic presences in United States. Fulbright FLTA programme is a strong step towards strengthening the intellectual and socio-cultural bond between the two countries‚ helping people learn more about each other’s culture
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In “HARD BODIES” by “STUART EWEN” and “THE SPORTS TABOO” by “MALCOLM GLADWELL” outlines particular sports in addition to the differences between the athletic individuals and the ways in which they experience extracurricular activities. The first article listed begins by introducing a man named Raymond who is hoping to achieve the body figure in which he has always dreamed of having. It goes through his daily workout in detail in which he accomplishes after a long day in his office. To achieve his
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Name Summary Download this question Download data(Format 1) Download data(Format 2) 2 Gender A- Male (0) B- Female (2) View Details Download this question Download data(Format 1) Download data(Format 2) 3 Age A- Below 15 (0) B- 15 - 18 (1) C- 19 - 23 (1) D- 24 - 28 (0) E- 29 - 35 (0) F- 36 - 42 (0) G- Above 42 (0) View Details Download this question Download data(Format 1) Download data(Format 2)
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Basic characteristics of the following marketing system used in life and health insurance: a. Agency building system b. Nonbuilding agency system c. Direct response system 1- Agency building system: This system involves hiring and training new agents that represent only the insurer. Sales can be expanded by hiring and training more new agents. There are 2 different kinds of systems: General agency system: the insurer hires a salesperson that has experiences and represents only the insurer
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6/4/2015 Ethiopian Insurance Coorpration About Us Financial Service Side Menu Background OrgStructure & Staff Development Vision & Mission Investment & Inteational Affiliation Reinsurance Publication Branches News Forms Contact Us Search Articles FAQ Company Profile HISTORICAL BACKGROUND Ethiopian Insurance Corporation (EIC) was established in 1976 by proclamation No.68/1975. The Corporation came into existence by taking over all the assets and liabilities of the thirteen nationalized private insurance
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Sales management entails numerous objectives which are executed by sales managers. There are mainly three such objectives 1. Sales Volume 2. Contribution to profits 3. Continuous Growth The sales executives in this case are the ones who help implement these objectives. However it is the top management who has to outline the strategies to achieve these objectives of sales management. The top management should provide products which are socially responsible and are marketed in a manner
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and preferences of the customers. Air Asia’s marketing objectives to expand the product mix include: - New routes and destinations all over the world. - Flights to Americas and other Western countries - Further destinations with Air Asia X. - Improving the Do-It-Yourself customisation product where the customers get to pick and choose what they would like. Maximising customer service The most important aspect of the marketing objectives. Customer services is responding to the needs and
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in helping achieve departmental objectives and enhance productivity. For the purpose of sharing experience and providing reference in launching HRM initiatives‚ we have gathered in this booklet some good examples introduced by departments. Competitive advantage of a company can be generated from human resources (HR) and company performance is influenced by set of effective HR practices. In this study‚ we intended to assess the HR practices in software companies. The project aimed to cover maximum
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