logging in or signing up Insurance and Banking varun23oct Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2280 Category: Education License: All Rights Reserved Like it (2) Dislike it (0) Added: May 29, 2009 This Presentation is Public Favorites: 1 Presentation Description Life insurance organization in India, Important Activities in Indian context Comments Posting comment... By: chandan4you (16 month(s) ago) important activities in the indian context Saving..... Post Reply Close Saving..... Edit Comment Close By: anish100 (18 month(s) ago) plz mail me this at anish.malhotra@hotmail.com Saving..... Post Reply Close Saving..... Edit Comment Close By: vijaypopat (23 month(s) ago) plz mail me thz slides vijaypopat88@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close By: avitta (25 month(s) ago) good one murlidar Saving..... Post Reply Close Saving..... Edit Comment Close By: asit91 (30 month(s) ago) hi can u mail this ppt to me Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Slide 1: Group Members Varun Aggarwal Preeti Kumari Sapna Rana Nitin Kumar Important Activities in the Indian Context Slide 2: Insurance = collective Bearing of Risk Oriental Life Insurance Company Bombay Life Insurance Company Two Acts : - Life Insurance Companies Act,1912 - Insurance Act,1938 Life Insurance (History) Concept of Insurance in India : Concept of Insurance in India Difficulty in adoption of Life insurance in India People Mindset Urban Sector - Adaptability - Cultural influence Rural sector - Illiteracy - Fear factor - Lack of awareness Slide 4: Common Practice Industry acceptance Problems Law and Practice Slide 5: It was established in 1999 To protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto. IRDA Slide 6: Insurance Industry in the year 2000-2001 had 16 new entrants, namely: HDFC Standard Life Insurance Company Ltd. Max New York Life Insurance Co. Ltd. ICICI Prudential Life Insurance Company Ltd. Kotak Mahindra Old Mutual Life Insurance Limited Birla Sun Life Insurance Company Ltd. Tata AIG Life Insurance Company Ltd. SBI Life Insurance Company Limited . Indian Insurance Company Slide 7: ING Vysya Life Insurance Company Private Limited Bajaj Allianz Life Insurance Company Limited Metlife India Insurance Company Ltd. Future Generali India Life Insurance Company Limited IDBI Fortis Life Insurance Company Ltd. Tata AIG Life Insurance Company Ltd. SBI Life Insurance Company Limited . Cont… Slide 8: Market Share of Private Players Slide 9: How the trend has changed? New implementation? How private sector has evolved? Competition Changes after IRDA How the trend has changed? : How the trend has changed? New implementation? : New implementation? INDIAN INSURANCE IN 21st CENTURY : INDIAN INSURANCE IN 21st CENTURY 2000 : IRDA start giving licenses to private insurers 2001 : TPAs in Health insurance 2001 : Royal Sundaram Alliance 2002 : Banks allowed to sell insurance plan INDIAN INSURANCE IN 21st CENTURY : INDIAN INSURANCE IN 21st CENTURY 2004 : Government increase foreign equity stake 2005 : Introduce Micro – Insurance Navkalyan Yojana Sampooran bima yojana Ayushman yojana INDIAN INSURANCE IN 21st CENTURY : INDIAN INSURANCE IN 21st CENTURY 2007 : online insurance Bajajallianz.com www.icicilombard.com Insurancepandit.com Bimaonline.com Trends in Modern Era : Trends in Modern Era Need for Global Integration Multinationals' interest Nationalized Sector: A Performance Review Privatization: Start Up Strategy Repositioning by Nationalized Sector Financials of Life Insurance : Financials of Life Insurance FDI and FII Flow through life insurance Sectoral development Repositioning by Nationalized Sector Cross Border Experience Future Possibilities (Next 5-10 Years) Employment and development Advertising expenditure increase You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Insurance and Banking varun23oct Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 2280 Category: Education License: All Rights Reserved Like it (2) Dislike it (0) Added: May 29, 2009 This Presentation is Public Favorites: 1 Presentation Description Life insurance organization in India, Important Activities in Indian context Comments Posting comment... By: chandan4you (16 month(s) ago) important activities in the indian context Saving..... Post Reply Close Saving..... Edit Comment Close By: anish100 (18 month(s) ago) plz mail me this at anish.malhotra@hotmail.com Saving..... Post Reply Close Saving..... Edit Comment Close By: vijaypopat (23 month(s) ago) plz mail me thz slides vijaypopat88@gmail.com Saving..... Post Reply Close Saving..... Edit Comment Close By: avitta (25 month(s) ago) good one murlidar Saving..... Post Reply Close Saving..... Edit Comment Close By: asit91 (30 month(s) ago) hi can u mail this ppt to me Saving..... Post Reply Close Saving..... Edit Comment Close loading.... See all Premium member Presentation Transcript Slide 1: Group Members Varun Aggarwal Preeti Kumari Sapna Rana Nitin Kumar Important Activities in the Indian Context Slide 2: Insurance = collective Bearing of Risk Oriental Life Insurance Company Bombay Life Insurance Company Two Acts : - Life Insurance Companies Act,1912 - Insurance Act,1938 Life Insurance (History) Concept of Insurance in India : Concept of Insurance in India Difficulty in adoption of Life insurance in India People Mindset Urban Sector - Adaptability - Cultural influence Rural sector - Illiteracy - Fear factor - Lack of awareness Slide 4: Common Practice Industry acceptance Problems Law and Practice Slide 5: It was established in 1999 To protect the interests of the policyholders, to regulate, promote and ensure orderly growth of the insurance industry and for matters connected therewith or incidental thereto. IRDA Slide 6: Insurance Industry in the year 2000-2001 had 16 new entrants, namely: HDFC Standard Life Insurance Company Ltd. Max New York Life Insurance Co. Ltd. ICICI Prudential Life Insurance Company Ltd. Kotak Mahindra Old Mutual Life Insurance Limited Birla Sun Life Insurance Company Ltd. Tata AIG Life Insurance Company Ltd. SBI Life Insurance Company Limited . Indian Insurance Company Slide 7: ING Vysya Life Insurance Company Private Limited Bajaj Allianz Life Insurance Company Limited Metlife India Insurance Company Ltd. Future Generali India Life Insurance Company Limited IDBI Fortis Life Insurance Company Ltd. Tata AIG Life Insurance Company Ltd. SBI Life Insurance Company Limited . Cont… Slide 8: Market Share of Private Players Slide 9: How the trend has changed? New implementation? How private sector has evolved? Competition Changes after IRDA How the trend has changed? : How the trend has changed? New implementation? : New implementation? INDIAN INSURANCE IN 21st CENTURY : INDIAN INSURANCE IN 21st CENTURY 2000 : IRDA start giving licenses to private insurers 2001 : TPAs in Health insurance 2001 : Royal Sundaram Alliance 2002 : Banks allowed to sell insurance plan INDIAN INSURANCE IN 21st CENTURY : INDIAN INSURANCE IN 21st CENTURY 2004 : Government increase foreign equity stake 2005 : Introduce Micro – Insurance Navkalyan Yojana Sampooran bima yojana Ayushman yojana INDIAN INSURANCE IN 21st CENTURY : INDIAN INSURANCE IN 21st CENTURY 2007 : online insurance Bajajallianz.com www.icicilombard.com Insurancepandit.com Bimaonline.com Trends in Modern Era : Trends in Modern Era Need for Global Integration Multinationals' interest Nationalized Sector: A Performance Review Privatization: Start Up Strategy Repositioning by Nationalized Sector Financials of Life Insurance : Financials of Life Insurance FDI and FII Flow through life insurance Sectoral development Repositioning by Nationalized Sector Cross Border Experience Future Possibilities (Next 5-10 Years) Employment and development Advertising expenditure increase