ALLIANCE UNIVERSITY School of Business AN INDUSTRY ANALYSIS of Indian INSUARANCE SECTOR In Partial Fulfillment of the Requirements for the Course investigate METHODOLGY Under the counselling of Submitted by: GROUP 3: SURESH KUMAR KIRAN K.P.V.S. THUSHAR MURUGANANDHAM R SHIV B DEEPESH TEKWANI ACKNOWLEDGEMENT The researchers wish to express their deepest gratitude and warmest gustatory manner to the following people, who, in any way have contributed and godlike the researchers to the overall success of the undertaking: To Dr.T.J.Joseph for his focussing and support in the duration of the study. To our friends, who have been unselfishly extending their efforts and accord. To our parents who have always been very(prenominal) understanding and supportive both financially and emotionally. And above all, to the ecclesiastic God, who never cease in loving us and for the keep guidance and protection. Indian insurance sector AN ANALYTICAL REPORT by GROUP 3 Contents Executive summary .... 3 Introduction ....5 persona I: constancy overview .....7 Evolution of the industry ....7 Current scenario....9 step-up drivers ..... 12 Emerging trends ..... 13 theatrical role of the insurance sector to the economy....
14 surgical incision II: Industry at cross-roads of development ..... 19 Insurance industry: significantly untapped latent potential ..... 19 Recent regulatory developments that modulate the current market state ...... 22 Section III: decisive factors for market development (PEST Analysis) ..... 27 scattering channels .... 27 Fo cus on financial inclusion..... 36 Consumer! needs and preferences ..... 38 Way forward ..... 41 Bibliography ..... 44 1 2 Executive summary Indias fast rate of scotch ripening over the past ecstasy has been one of the most significant developments in the global economy. This offshoot traces its origin in the introduction of economic liberalization in the...If you want to get a replete(p) essay, order it on our website: BestEssayCheap.com
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