This presentation gives an brief introduction about the growth of insurance sector in India. It also give description about the major players existing in the finance market of insurance.
presentation on a topic of "Life Insurance Products Available For An Individual"nibedita singh
Here, i have described about life insurance products of " Bajaz Allianz Life Insurance Company Ltd " and " Life Insurance Corporation OF India " which can be availed by all eligible individuals which includes
• I-SECURE INSURANCE PLAN
• MONEY BACK PLAN/CASH ASSURE
• PENSION PLAN
• ENDOWMENT PLAN
This presentation gives an brief introduction about the growth of insurance sector in India. It also give description about the major players existing in the finance market of insurance.
presentation on a topic of "Life Insurance Products Available For An Individual"nibedita singh
Here, i have described about life insurance products of " Bajaz Allianz Life Insurance Company Ltd " and " Life Insurance Corporation OF India " which can be availed by all eligible individuals which includes
• I-SECURE INSURANCE PLAN
• MONEY BACK PLAN/CASH ASSURE
• PENSION PLAN
• ENDOWMENT PLAN
Granting of loans on life insurance policies, with some companies examples like LIC policies, Birla Sun Life insurance policy.
Also it includes pros and cons of taking loans against life insurance policies and on what type of policies people can take loans.
Planning for the old age when the ability to earn diminishes while the expenses to live a dignified and healthy life start rising is of utmost importance.
Life insurance can be an important part of your financial strategies, helping to ensure a more secure financial future for your loved ones when you're gone
Helps customer find the best policy according to their suitable needs
Features,pros,cons and suitability of various policies are given :-
1. Term Policy
2. Whole Life Policy
3. Unit Linked Insurance Policy (ULIP)
4. Money Back Policy
5. Endowment Policy
Granting of loans on life insurance policies, with some companies examples like LIC policies, Birla Sun Life insurance policy.
Also it includes pros and cons of taking loans against life insurance policies and on what type of policies people can take loans.
Planning for the old age when the ability to earn diminishes while the expenses to live a dignified and healthy life start rising is of utmost importance.
Life insurance can be an important part of your financial strategies, helping to ensure a more secure financial future for your loved ones when you're gone
Helps customer find the best policy according to their suitable needs
Features,pros,cons and suitability of various policies are given :-
1. Term Policy
2. Whole Life Policy
3. Unit Linked Insurance Policy (ULIP)
4. Money Back Policy
5. Endowment Policy
Life insurance corporation of India provides wide range of life insurance products its your time to decide which one you want as we all know life is precious protect it by taking right insurance product.
Survivor universal life insurance 4088541883 san jose california connie dello...Connie Dello Buono
connie dello buono 4088541883 san jose california ca life ins lic 0G60621 on page 3 is about preserving your heir's inheritance, charitable gifts, key person coverage and wealth transfer
An endowment policy is basically a life insurance policy which, apart from covering the life of the insured, helps the policyholder to save regularly over a certain time, so that he/she gets a lump sum amount on the policy maturity in case he/she lasts the policy term.
A life insurance endowment policy pays the complete sum assured to the beneficiaries if the insured expires during the policy term or to the policyholder on the maturity of the policy if he/she survives the term. Hence, it fulfills the dual necessity for savings and life cover under a common plan.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
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Insurance
1.
2. History of Insurance in India
• The Insurance Act,1938 was passed. Covered both Life and general
insurance companies.
• Life insurance nationalized in 1956.
• General insurance was incorporated as company in 1972.
• 107 insurers were amalgamated and grouped into 4 companies i.e. the
oriental insurance co. ltd., national insurance co. ltd., the new India
assurance co ltd., the united India insurance co. ltd.
3. History of Insurance in India
• In 1993 a committee under the chairmanship of Malhotra was
set up
• In 1994 committee gave the report and recommended that
private sector be permitted, foreign companies in joint
venture with Indian partners.
4. History of Insurance in India
• In 1999, IRDA Act (Insurance Regulatory and development authority) was
passed
• IRDA was constituted to regulate and develop the insurance industry.
• In 2002 parliament passed a bill delinking the four subsidiaries from GIC.
5. Examples of Life Insurance
Companies in India
• Bajaj Allianz life insurance company ltd.
• Birla sun life insurance co. ltd
• HDFC Standard life insurance Co. ltd.
• ICICI Prudential Life Insurance co. ltd.
• ING Vysya life insurance co. ltd.
• Life Insurance Corporation of India.
6. LIC Fiji.
LIC Mauritius
LIC United Kingdom
LIC Bahrain
LIC (Nepal) Ltd
LIC (Lanka) Ltd
Saudi Indian Company for Co-op. Insurance
LIC Mauritius Ltd.
7. In the United States, the two largest life
insurance companies, in terms of assets as of
2015
• Metlife
• Prudential Financial.
others
• State Farm Insurance is the largest domestic commercial and
personal lines insurer .
• United Healthcare is the biggest health insurance and
managed health care company.
8. Regulation of Insurance in
India
• The Insurance Act 1938.
• The IRDA act,1999
• The Companies Act, 1956 for the companies carrying on
insurance business
• Indian Contract Act , 1872
9. Role of IRDA
• Registering and regulating insurance companies
• Protecting policyholders’ interests
• Regulating and overseeing premium rates and terms of non-life insurance
covers
• Specifying financial reporting norms of insurance companies
• Regulating investment of policyholders’ funds by insurance companies
• Ensuring insurance coverage in rural areas and of vulnerable sections of
society
• Enforcement of discipline
• Market conduct surveillance
• Consumer education and assistance
10. types of life insurance
policies
• Term Insurance Policy
• Whole Life Policy
• Endowment Policy
• ULIPs
11. Term Insurance Policy
• A term insurance policy is a pure risk cover policy that protects the person
insured for a specific period of time. In such type of a life insurance policy,
a fixed sum of money called the sum assured is paid to the beneficiaries
(family) if the policyholder expires within the policy term.
• If the policy holder survives the 15-year period, the premiums paid are not
returned back. The advantage, apart from the financial security for an
individual’s family is that the premiums paid are exempt from tax
• For instance, if a person buys a Rs 2 lakh policy for 15 years, his family is
entitled to the sum of Rs 2 lakh if he dies within that 15-year period.
12. SBI Life - Grameen Bima
Age*
at entry Minimum: 18 years Maximum: 50 years
PolicyTerm 5 years
Total Premium Amount Minimum: Rs. 300**
Maximum: Rs. 2000**
Premium amounts will be in multiples of Rs. 100
Premium Frequency Single
Sum Assured
Minimum: Rs. 10,000 Maximum: Rs. 50,000^
Age Band Sum Assured
18 - 39 60 times Total premium paid
40 - 44 40 times Total premium paid
45 - 50 25 times Total premium paid
13. Key Highlights :
Choose your premium, correspondingly your life insurance cover will be determined.
Prompt Processing & Enrolment
• No medical examination, acceptance would be based on satisfactory health
declarations in the proposal form
• Registration based on a simple form
SBI Life - Grameen Bima
14. Benefits under the plan:
Death Benefit
• In the unfortunate event of death of the life
assured during the policy term, the nominee
will receive the Sum Assured.
Maturity Benefit
• There is no maturity benefit under this plan.
SBI Life - Grameen Bima
15. whole life policy
• A whole life policy covers a policyholder against death, throughout his life
term. The advantage that an individual gets when he / she opts for a
whole life policy is that the validity of this life insurance policy is not
defined and hence the individual enjoys the life cover throughout his or
her life.
• Under this life insurance policy, the policyholder pays regular premiums
until his death, upon which the corpus is paid to the family. The policy
does not expire till the time any unfortunate event occurs with the
individual.
• Premiums paid under the whole life policies are tax exempt
16. Endowment Policy
• Policy holders benefit in two ways from a pure endowment
insurance policy. In case of death during the tenure, the
beneficiary gets the sum assured.
• If the individual survives the policy tenure, he gets back the
premiums paid with other investment returns and benefits like
bonuses
17. ULIP
• ULIPs are market-linked life insurance products that provide a
combination of life cover and wealth creation options.
• A part of the amount that people invest in a ULIP goes toward
providing life cover, while the rest is invested in the equity and debt
instruments for maximising returns. .
• ULIPs provide the flexibility of choosing from a variety of fund options
depending on the customers risk appetite. One can opt from
aggressive funds (invested largely in the equity market with the
objective of high capital appreciation) to conservative funds (invested
in debt markets, cash, bank deposits and other instruments, with the
aim of preserving capital while providing steady returns).
• ULIPs can be useful for achieving various long-term financial goals
such as planning for retirement, child’s education, marriage etc.
18. example
• For example you buy a ULIP for annual premium of Rs 30,000
for 20 years. The plan will give him a cover of Rs 3 lakh (10
times the annual premium). After charges are deducted, say
Rs 5,000, the amount left (Rs 25,000) is invested in a fund.
Suppose the fund has NAV of Rs 10. So you will get 2500
units(25,000/10) of the fund. If fund NAV increases value of
your fund also increases. So If after an year, the NAV is Rs 11,
then your fund value will Rs 27,500(2500 units x Rs 11
19. Types of ULIP
• Aggressive ULIP’s which invest 80-100% in equity.
• Balanced ULIP’s which invest 40-60% in equity.
• Conservative ULIP’s which invest upto 20% in equity.
20. ULIP 1
• It gives the higher of the sum assured or fund value as death
benefit. For example ‘A’ holds a type I ULIP that gives her a
sum assured of Rs 5 lakh for an annual premium of Rs 50,000.
• In case of death in the initial years of the policy, when the
fund value is less than the sum assured, the insurer will pay
the agreed sum (which here is Rs 5 lakh) to A’s nominee.
However, from the time the fund’s value goes higher than the
sum assured, the death benefit will be the accumulated
amount in the fund. This essentially means that post the initial
years of the policy, you cover the risk with the money you
yourself have saved over the years.
21. ULIP II
• This plan pays the policy holder both benefits i.e. sum assured
and fund value. For example , if ‘A‘ holds a type II ULIP, the
insurer would have given A’s nominees both the sum assured
of Rs 5 lakh and the amount accumulated in the fund as on
the date of death. For the added risk the insurance company
assumes under the type II policy, it charges the policy holder
an extra cost.
22. What are charges associated
with ULIP?
• Premium Allocation Charges: These charges are deducted upfront
from the premium paid by the client. These charges account for the
initial expenses incurred by the company in issuing the policy
• Policy Administration Charges: These charges are deducted on a
monthly basis to recover the expenses incurred by the insurer on
servicing and maintaining the life insurance policy like paperwork
etc. They could be flat throughout the policy term or vary at a pre-
determined rate.
• Fund Management Charges: A portion of the ULIP premium,
depending on the fund chosen, is invested either in equities or
debt(bonds, money market instruments etc) or combination of
these. Managing these investments incurs a fund management
charge (FMC).
23. ULIPs from HDFC Life
• ULIPs for Children:
HDFC SL YoungStar Super Premium
• ULIPs for Savings & Investment:
HDFC SL ProGrowth Super II
• HDFC SL ProGrowth Flexi
• HDFC Life ProGrowth Plus
• HDFC Life Invest Wise Plan
• HDFC SL Crest
• HDFC Life Click2Invest - ULIP
24. ULIP Controversy
• Between 2005 -2008 Ulips were the most sold financial product. Due
to higher commissions many agents sold it aggressively during 2005-
2008, when the stock market was rising consistently. Distributors lured
gullible investors by not revealing the high charges( In some cases, the
charges were as high as 80% of the first year’s premium) and
showcasing only the returns offered by ULIPs.
• Stock market Crash of 2008 led many to surrender their ULIPS and
then they found out that high premium allocation and surrender
charges had eaten away whatever was left of their investments. This
led to complaints of ULIPS. In 2010, the Insurance Regulatory and
Development Authority of India(IRDA)(after tussle with the Securities
Exchange Board of India(SEBI) capped charges at 3% of gross yield for
policies with term of up to 10 years and 2.25% for those with term of
more than 10 years. This forced insurers to cut commissions.The
charges were fixed at this rate because it was the average cost charged
by competing products such as mutual funds. With no incentive left for
distributors, Ulip sales plunged.
25. REFORMS
• The compulsory 3 year lock in of the Ulip has been increased
to 5 years.
• If policy holder is below 45 years of age he gets death benefits
10 times the annual premium paid . If above 45 years of age
the death benefits is 7 times the premium paid each year.
26. Indian Insurance in the
global scenario
• In life insurance business, India is ranked 11th among the 88
countries, for which data is published by Swiss Re. India’s
share in global life insurance market was 2.00 per cent during
2013.
• the share of Indian non-life insurance premium in global non-
life insurance premium was small at 0.66 per cent and India
ranks 21st in global non-life insurance markets
27. Registered insurers in India
• At the end of March 2014, there are 53 insurance companies
operating in India; of which 24 are in the life insurance
business and 28 are in non-life insurance business. In addition,
GIC is the sole national reinsurer.
• Of the 53 companies presently in operation, eight are in the
public sector - two are specialized insurers, namely ECGC and
AIC, one in life insurance namely LIC, four in non-life insurance
and one in reinsurance. The remaining forty five companies
are in the private sector.