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Growth in insurance sector in India?
the Indian insurance sector is projected to grow from about rs.28000 crores in 2006-07 to rs.50000 crores in 2012-13. describe the growth & evolution in the insurance sector in India.
Which agency regulates the insurance markets in India?
IRDA - = Insurance Regulatory and Development Authority =
Which organisation regulates all insurance companies in India?
IRDA (insurance regulatory and development authority)
What is the contribution to GDP in insurance sector in India?
its nearly 7.6% as per 2010
How do you get Health Insured in India?
There are many insurance providers who provide health insurance policies. You can contact them and get the insurance. Some of the major insurance providers in the public and private sector are:Public Sector Players:1. National Insurance2. United India Insurance3. Oriental Insurance Company4. New India AssurancePrivate Sector Players:1. TATA AIG2. Chola MS3. Iffco Tokio4. Royal Sundaram5. ICICI Lombard6. Reliance General7. HDFC Ergo
Who are the three watchdogs of India's financial system?
1) Reserve Bank of India for banking and non banking sector. 2) Insurance Regulatory and Development Authority for insurance sector. 3) Security & Exchange Board of India for stocks, shares,debentures of listed cos.
What is the role of IRDA?
IRDA - Insurance Regulatory & Development Authority of India is the National Agency that governs and supervises the Insurance Sector in India. What SEBI is to the Stock Markets, IRDA is to the Insurance industry.
Who regulates life insurance?
Individual states regulates the life insurance industry.
Insurance sector booming in India is desirable?
yes insurance sector is very much booming in India and is very much desirable, because uptill now India is not 100 % insured, and as per my knowledge, the super power US is 100 % insured, so to become an super power, as India is a developing country, insurance boom is very much desirable.Regards, Vikramhttp://www.multiplexjobs.com/
Who is the owner of axis bank?
Axis bank is a private sector bank that is not owned by the government of India. A number of Insurance companies in India together own this bank. They are:Unit Trust of IndiaLife Insurance Corporation of IndiaGeneral Insurance Corporation LtdNational Insurance Company LtdThe New India Assurance CompanyUnited India Insurance Company andThe Oriental Insurance Corporation
Who is owner of Axis bank?
Axis bank is a private sector bank that is not owned by the government of India. A number of Insurance companies in India together own this bank. They are:Unit Trust of IndiaLife Insurance Corporation of IndiaGeneral Insurance Corporation LtdNational Insurance Company LtdThe New India Assurance CompanyUnited India Insurance Company andThe Oriental Insurance Corporation
What are the functions of IRDA?
the summary purpose of the IRDA is to protect the customer interest and to regulate the Insurance Sector in India
