High Claims and Controlled Tariff Structure in Motor Insurance in India

  
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Please note:

This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.

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Case Details:

Price:
Case Code : INS027 For delivery in electronic format: Rs. 100;
For delivery through courier (within India): Rs. 100 + Rs. 25 for Shipping & Handling Charges

Themes

-
Case Length : 03 Pages
Period : 2003
Pub Date : 2003
Teaching Note : Available
Organization : Varied
Industry : Insurance
Countries : India

Abstract:

The case focuses on the motor insurance business in India. It examines the regulations issued by the Insurance Regulatory and Development Authority (IRDA) and their impact on existing players and potential players in the industry.

The case also discusses the entry barriers in the motor insurance business. In addition, the case touches on the difficulties in calculating the premium for motor insurance in India.

Issues:

» Understand the state of the motor insurance business in India

» Understand the factors that impede the growth of the motor insurance business in India

Keywords:

Motor insurance, regulations, Insurance Regulatory and Development Authority, IRDA, existing players, potential players, entry barriers, motor insurance, business, case touches, difficulties, calculating, premium

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