2023, Vol. 4, Issue 1, Part B
Indian life insurance industry – Future looks good
Author(s): Dr. CH Vishnu Murthy and Dr. G Raju Kumar
Abstract: The insurance industry has undergone a massive change over the last few years and the metamorphosis has been noteworthy. There are numerous private and government insurance companies in India that have become synonymous with the term insurance over the years. Offering a diversified product portfolio and excellent services the many insurance companies in India have managed to make their way into almost every Indian household. Indian Life insurance sector is growing at a faster rate. This sun rising industry has given a platform for economic growth and employment. The great extent of importance realized after it has opened to the private players in the post liberalization period. With many players in business, the insurance regulatory and development authority came with innovative and constructive guidelines for both products and services. This paper discusses the new trends and challenges that the present industry is facing. Our study is only limited to life insurance sector and small emphasis on other sectors. The suggestion and recommendation will help both academician and industry personnel to re- engineer their thought in insurance sector.
Pages: 156-160 | Views: 329 | Downloads: 206
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How to cite this article:
Dr. CH Vishnu Murthy, Dr. G Raju Kumar. Indian life insurance industry – Future looks good. Asian J Manage Commerce 2023;4(1):156-160.