answersLogoWhite

0


Best Answer

1) Ineffective distriution networks

2) poor marketing strategies

3) low consumer awareness

4) lack of competition

5) govt. monopoly

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Reasons for slow growth of insurance business in India?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

When was insurance business privatised in India?

Insurance was privatised in India by 2000.


Insurance growth in 2010 in India?

none


What Type of Insurance required in Logistic Business In India?

In logistic business in India, Transit insurance, Marine Insurance are commonly required apart from Baggage Insurance, Fire & Burglary Policies are other opions.


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.


When insurance business privetised in India?

Doors were opened for private Insurance Companies in India in 2000, with 23 private insurance companies operating right now in India.


What is the future of general insurance business 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.


What are the reason for privatization of insurance business in India?

Blame Ghandi.


Meaning of general insurance in India?

General Insurance Business means fire, marine or miscellaneous insurance business whether carried on singly or in combination with one or more of them.


Business wise give me list of life insurance companys in India?

#


Why did Obama go to India?

To improve business in his country with India's economic growth.


Is aviva life insurance under irda?

Obviously Aviva Life Insurance is under IRDA when they are doing business in India.


Is life insurance corporation a quasi judicial body?

Life Insurance Corporation is having the exclusive privilege of carrying on life insurance business in India.