OPERATIONAL CHALLENGES AND SWOT ANALYSIS OF BANCASSURANCE IN INDIA

Introduction: Liberalizations and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in Read more

LIC chosen as default NPS annuity service provider

Pension fund regulator PFRDA has chosen state-run LIC as the default annuity service provider for subscribers exiting from New Pension System (NPS) and seeking withdrawal of accumulated pension wealth. Read more

Look who is afraid of insurance products?

Globally, Indian consumers are known to be smart buyers — often called ‘value seekers’ by marketers.

Indians are always looking for the best deal and to maximise perceived price-value output. Purchase is preceded by a detailed understanding of the product’s functionality, durability, features, performance rating, warranty, fit, colour and customisation. This behaviour is true for almost all product categories and across socio-economic segments. Read more

Tata AIA Life Insurance, Reliance Life Insurance collections plunge

Tata AIA and Reliance Life witnessed steepest decline in the collection of life insurance premium during the six-month period ending September 2012, Parliament was informed. Read more