1) Ineffective distriution networks
2) poor marketing strategies
3) low consumer awareness
4) lack of competition
5) govt. monopoly
To improve business in his country with India's economic growth.
IRDA (Insurance Regulatory Development Authority) the regulator for all insurance industries in India. It provides guidelines which includes common critical illnesses covered under many health insurance policies in India.There are many insurance companies in India which are IRDA certified and online Insurance web aggregators .To know more about Health plans and its information you can visit Policyx.com
You can find information on travel insurance in India online from the Insurance Pandit website. Once on the website, you can compare and purchase insurance in India.
the people of India
Business India was created in 1978.
Insurance was privatised in India by 2000.
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In logistic business in India, Transit insurance, Marine Insurance are commonly required apart from Baggage Insurance, Fire & Burglary Policies are other opions.
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.
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.
Blame Ghandi.
General Insurance Business means fire, marine or miscellaneous insurance business whether carried on singly or in combination with one or more of them.
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To improve business in his country with India's economic growth.
Obviously Aviva Life Insurance is under IRDA when they are doing business in India.
Life Insurance Corporation is having the exclusive privilege of carrying on life insurance business in India.