Can LIC stock prove to be a good long-term bet?
LIC made a less than expected debut on bourses as the stock listed at a discount, hurting all categories of Read more
long-term
Long Term Two Wheeler Insurance
Nowadays, two-wheelers have become very common in India. We often see the streets as well as parking lots crowded with Read more
New money back plans launched by LIC
LIC’s New Money Back Plans has been launched .The plans are for 20years and 25 years term Read more
Life insurance persistency good in first year, not in the long term
Life insurance companies are witnessing healthy growth in persistency in short period of one-year however, that is not the case in long term. As per data on persistency for the financial year 2011-12, insurers registered an average of 64.4 per cent policies renewed in second year, it was 64.3 per cent in last year. However, the average persistency ratio for fifth year was 46.5 per cent, which was 48 per cent in previous year. Read more
Global Consumer Insurance Survey 2012 Asia-Pacific by ERNST & YOUNG
The Asia-Pacific region is one of enormous growth and opportunity for insurers. It is also one of significant diversity. In developing countries, agency sales forces dominate and play a vital social role in making products accessible to low earners. The development of insurance markets in western- Developed countries, however, indicates that the emergence of more independent, but also expensive, distribution channels often ultimately leads to the demise of traditional agency sales forces. Read more