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What is the impact of liberalisation in insurance sector?
1. More no. of players in the market. 2. More competition.
What is role of LIC's in Indian economy?
Check out the related link on LIC's role in the Indian economy.
What are the Facilitating and inhibiting factors of company that impact performance of employee?
3d modelling
Liberalisation privatization globalisation?
Liberalisation is to relax regulations on social or economic policies (usually economic). Privatisation is the process of transferring a public sector industry over to the private sector. Globalisation is the unification of the global markets by relaxing protectionist trade policies and integrating markets.
Impact of liberalisation of insurance sector?
Impact of Liberalisation can be viewed as a two tier process, First is impact on overall functioning of the market and second is the impact on financial performance. When seen in the context of overall performance, the insurance sector is seen to have made a robust growth in the post liberalisation era in terms of huge volume of business underwritten by the companies and overall growth of the market. The indicator insurance premium reflects that the share of insurance premium is increasing in the total GDP of the country and presently India figures second in the subcontinent in terms of insurance penetration. However, when seen in the context of per capita expenditure on insurance, it is still low. Overall the market is widening, and insurers are competing hard to have more market share. Rural and under penetrated segments are receiving a good amount of attention by the insurers to reap benefits. The market has transformed from sellers to buyers, which is a bigger benefit ever the people had. When talking about the impact on the financial performance of the insurance industry, the industry suddenly had a paradigm shift, insurers are seen to act efficiently in terms of luring customers to their products resulting in growth recorded by each insurer, innovative distribution systems are taken in service for that matter, however, competition is the fierce, which compels the insurers to price their products lower, resulting in the thining margins of profitability. The situation is even worse for non life insurers, where the underwriting losses are at the highest ever. However, regulation to invest in government and semi government securities promises steady returns for the insurers which surely is a silver lining. Given the situation when governmnt is being presurised by the FII to relax the FDI cap, more surprises are expected within the coming years, who knows what it may turn out to b,. first example of bankrupt insurance company in India can not be ruled out in the competitive market or we may learn from our mistakes and come up with a better and promising market both for customers and insurance companies. Tanveer A Darzi
What is the impact of liberalisation in insurance sector?
1. More no. of players in the market. 2. More competition.
How is Trade union in era of liberalisation?
what is the view of trade union in the era of liberalisation
Merits and demerits of LIBERALIsation?
Merits and demerits of liberalization is demerits of liberalisation. This is well known.
The impact of management information on an organisation performance?
The impact of management and information system on organizational performance
What is the impact of effective business communication to managerial performance?
What is the impact of effective business communication on managerial performance
How does risk management impact organizational performance?
how do you understand by the term performance
Impact of privatization and liberalisation of Indian business?
The privatization and liberalization of Indian business has created a burgeoning economy. Since restrictions were lessened, a large middle class has grown up in the subcontinent.
What is the impact of corporate governance on company performance?
Good governance, good performance Poor governance, poor performance
Do drugs have an impact on sports performance?
Yes
Is Mexico a hic or lic country?
LIC - Less industrialized country
Is the Lic Agent's Commission is 0 in the 2011?
No, Lic policies have shown much growth in 2011. For more information on Lic agent and The commission of Lic agent Visit: Authorized<a href="http://thelicagent.in/"> Lic Agent</a>
Found free download lic agent software?
LIC
