How Attractive is Asian Insurance Market
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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:
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Price: |
| Case Code |
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INS009 |
For delivery in electronic format: Rs. 100;
For delivery through courier (within India): Rs. 100 + Shipping & Handling Charges extra
Themes- |
| Case Length |
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03 Pages |
| Period |
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2003 |
| Pub Date |
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2003 |
| Teaching Note |
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Available |
| Organization |
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Varied |
| Industry |
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Insurance |
| Countries
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India |
Abstract:
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The case discusses the growing importance of the insurance sector in the Indian
economy after its liberalization. The case also throws light upon the importance
of and the challenge posed by sales forecasting in the insurance sector. The
average growth of both, life insurance as well as non-life insurance business,
in comparison to Europe and other Asian countries is done in the case. The case
also touches upon the likely impact of demographic and social changes on the
premiums in the life and non-life insurance businesses.
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Towards the end, the case examines the
drivers and deterring factors for growth of insurance business
in India.
Issues:
» Understand the projected growth for life and non-life insurance businesses in
India following liberalization of the insurance sector
» Compare the Indian insurance market with the European and Asian insurance
markets thereby helping the student to understand the potential that lies ahead
for Indian insurance companies
Keywords:
Importance, insurance sector, Indian economy, liberalization,
light, sales forecasting, insurance sector, average growth, life insurance,
non-life insurance, Europe, Asian countries, demographic, social changes,
premiums, life, non-life insurance, drivers, deterring factors
How Attractive is Asian Insurance Market
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