Blame Ghandi.
Insurance was privatised in India by 2000.
In logistic business in India, Transit insurance, Marine Insurance are commonly required apart from Baggage Insurance, Fire & Burglary Policies are other opions.
Doors were opened for private Insurance Companies in India in 2000, with 23 private insurance companies operating right now in India.
The future of general insurance business in India looks quite promising. Many people are finding insurance to be important and an essential component to their day to day lives.
Discuss the context of privatization in the context of current
Discuss the context of privatization in the context of current
Privatization has both advantages and disadvantages. It can be better working as advantage but can be more hectic as disadvantage.
1991 is the year when indian goverment actually thought for privatization through its liberalization policy.
General Insurance Business means fire, marine or miscellaneous insurance business whether carried on singly or in combination with one or more of them.
#
Obviously Aviva Life Insurance is under IRDA when they are doing business in India.
GTFS is a Corporate Agent of Life Insurance Corporation of India, BAJAJ Allianz, Reliance Life Insurance, MAX NewYork Life Insurance, kotak Mahindra Life Insurance, STAR Health Insurance, Reliance General Insurance & Future Generali India.