IRDA and the Changing Tariff Structure for Motor Vehicle Insurance in India
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(Case Code: INS012) click on the button below, and select the case from the list of available cases:
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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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INS012 |
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 proposed changes in the tariff structure for motor
vehicle insurance in India.
It examines the role of the Insurance Regulatory and Development Authority
(IRDA) with regard to the rationalization of the tariff structure for motor
vehicle insurance and the recommendations made by the Ansari Committee.
The case also examines some underwriting factors like safety equipment and
territory of operation and their impact on the tariff rate of motor vehicle
insurance.
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Issues:
» Understand the underwriting factors that can affect the tariff rate of motor
vehicles insurance
» Discuss the proposed modifications in the tariff structure for motor vehicles
insurance
Keywords:
Changes, tariff structure, motor vehicle insurance, India,
Insurance Regulatory and Development Authority, IRDA, rationalization, tariff
structure, motor vehicle, insurance, Ansari Committee, underwriting factors,
safety equipment, territory of operation
IRDA and the Changing Tariff Structure for Motor Vehicle Insurance in India
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