Recent Trends in Insurance Sector in India

Contents Foreword/S. Gidwani P. Sivaprakasam and S. Nakkiran. Preface. 1. The trend of recent trends in insurance sector in India an analytical view/M. Karthikeyan. 2. Term insurance schemes of LIC of India and other insurance companies a comparative study/S. Banumath and G. Karunanithi. 3. Trends in life insurance industry unit linked insurance products/Sankara Raman Narayanan. 4. Emerging challenges in insurance sector/S. Mythili. 5. Indian general insurance business in detariffed era/P. Kamaraj and B. Tamilmani. 6. Present trends in insurance industry in India/K. Dhevan and A. Shanmugasundaram. 7. FDI in insurance the Indian perspective/V. Bharathiraja M. Sasi Siddharth and R. Muruganandham. 8. Insurance sector question of its financial stability/Aravind S. and Chandra Sekhar Kancheti. 9. Performance of Life Insurance Business in India/B. Manoharan. 10. Bancassurance emerging challenges/R. Varadarajan and K. Natarajan. 11. Bancassurance a new buzzword/C. Anitha and J. Esther Rajathi. 12. Bancassurance the most challenging insurance distribution channel with special reference to ICICI Prudential Life/G. Parimalarani. 13. Health insurance for sustainable living need of the hour/S. Kumar M. Sathis Kumar G and Ramaswamy S. 14. Health insurance in India opportunities challenges and concerns/B. Revathy. 15. The unorganised labourers and insurance/A. Balakrishnan and P.G. Balasubramanian. 16. Crop insurance a risk management tool/Frank Ratna Kumar. 17. Crop insurance a safety net for beleaguered farmers/P. Sivaprakasam and D. Karthika. 18. Insurance information system an emerging model/R. Sudharsana Raamanujan P. Nandakumar and T. Suthakar. 19. CRM a boon for insurance/A. Savarimuthu and M. Revathi Bala. 20. Customer satisfaction on the services provided by life insurance corporation of India in Namakkal branch of Tamilnadu/D.R. Chitra T. Saraswathi and K. Devan. 21. Basic Insurance Knowledge (BIK) for growth and development of insurance industry in rural India/Samwel Kakuko Lopoyetum and P. Selvamani. 22. CRM in life insurance corporation of India/Jelsy Josep M. Uma Maheswari and L. Ethirajan. 23. Health insurance products challenges and opportunities/P. Vijiyalakhsmi. List of contributors. This introduction of new economic policy and consequent financial sector reforms have brought number of changes in Insurance sector. This sector hitherto owned by the life insurance corporation of India and other General Insurance Companies of the Government of India have been opened to private partners. The formation of IRDA partnership with insurance business and banking business and the introduction of micro insurance have given new thrust to this sector. All these trends have increased the competition both in life and non life insurance business which resulted in more choice for consumers. These trends need in depth analysis and documentation for policy formulation and future direction. The book has the following objectives To create out the historical development of insurance sector. To analyze the trends in insurance sector before and after the privatization. To analyze the business performance of insurance companies in public private and cooperative sectors. To analyze the trends in bancassurance. It is hoped that this edited book will fulfill the requirements of students and executives in insurance education. 256 pp.…