Buy custom Indian Insurance Industry: An Industry Competitive Analysis
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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2791 |
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Indian economy grew at rate of 8.19% for the quarter ended June 30, 2006. The Life Insurance industry witnessed an inflow of Rs 137.36 Bn for the period upto the first quarter of Year 06-07, a growth of 209.56%. The No. of Policies sold grew by 35.92% to 5.27mn. The average premium collected per policy grew at 127...
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The No. of Policies sold grew by 35.92% to 5.27mn. The average premium collected per policy grew at 127.76% from Rs.11431 to Rs26036. This increase signifies increase in risk appetite of the insurance players as well as increased consumer spending on insurance coverage benefits. Penetration of insurance critically depends upon the availability of insurance products and services...
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General points of the essay
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