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Please use this identifier to cite or link to this item: http://hdl.handle.net/2259/512

Title: Enhancing Competitiveness: The Case of the Indian Life Insurance Company
Authors: Rastogi, Shilpa
Runa, Sankar
Keywords: Insurance Company-India
Competitiveness
Life Insurance
Govenmental Reforms-Life Insurance
Issue Date: 19-May-2007
Publisher: Indian Institute of Management Kozhikode
Abstract: Insurance industry contributes to the financial sector of an economy and also provides an important social security net in developing countries. The consistent sub-optimal performance of this sector in India from independence through the 1990s has led to different sets of reforms, with each model adopted focusing on distinct competitive strategies. This study identifies the causes and the objectives with which the sector was reformed in 2000 to conclude that only in the last decade, the hybrid model of privatization with regulation adopted by the Government has yielded positive results and the sector has started to look up. The sector in its present form looks promising for the consumers, the insurers and the nation as a whole.
URI: http://hdl.handle.net/2259/512
Appears in Collections:Conference on Global Competition and Competitiveness of Indian Corporate

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