Insurance, Sector History, FDI in Insurance, Government Role in Insurance, Industry Growth Pattern, Challenges of Insurance Market, Foreign Direct Investment in Insurance
For full text artical go to: http://www.educorporatebridge.com/insurance/insurance-sector-in-india/Insurance sector in India is considered as a huge market due to its momentous untapped potential. This sector is said to improve the standard of living of the people in an economy as it leads to risk free lives, promotes entrepreneurship, mobilizes savings and leads to protection of trade and industry which contributes in human progress.
For full text artical go to: http://www.educorporatebridge.com/insurance/insurance-sector-in-india/Insurance sector in India is considered as a huge market due to its momentous untapped potential. This sector is said to improve the standard of living of the people in an economy as it leads to risk free lives, promotes entrepreneurship, mobilizes savings and leads to protection of trade and industry which contributes in human progress.
Investment Insurance - Prospects of insurance sector in indiaGaurav Kadam
Investment Insurance policy cum investment insurance plans from Bajaj Allianz that will help you secure your families future and see your investments grow steadily.
https://www.bajajallianz.com/Corp/investment-plans/investment-plans.jsp
A Study of DSA Network Expansion and Product Promotion Strategy of General...Anish Singh
A summer project of the insurance sector. that you rarely found.
In this project, u will get promotion strategy, how u sell the insurance and their ways. how to pitch agents and made for your company. thank you
Environmental Scanning of TravelKhana - Indian StartupBaibhav Agrawal
Introduction of TravelKhana, Operational Model of TravelKhana, Funding of TravelKhana, The Drivers for Railway Catering, Demand Driven Business Model of TravelKhana, Strategic Models of TravelKhana, SWOT Analysis of TravelKhana, Value Chain Analysis of TravelKhana, PEST Analysis of TravelKhana, Porter's Five Forces Model Application for Travelkhana, Indian Railway, IRCTC, Railway Food Catering, Environmental Scanning of TravelKhana
Call Money
Notice Money
Definition of Call Money
Definition of Notice Money
FEATURES OF CALL MONEY
CALL MONEY MARKET
REASONS FOR EXISTENCE OF CALL MONEY
IMPACT OF CALL MONEY
Discounting of Bills of Exchange
Bills of Exchange
Bills of Exchange Types
Discounting of B/E
B/E
Precautions While Discounting of BIlls
Precautions by Banks
Precautions by NBFCs
Corporate Social Responsibility Definition, CSR, Corporate Social Responsibility Scope, Scope of Corporate Social Responsibility, Scope of CSR, CSR Scope, Activities Under Corporate Social Responsibility, Activities under CSR, Difference Between Corporate Social Responsibility and Charity, Difference Between CSR & Charity
Total Productive Manufacturing, Total Perfect Management, Total Profit Management, Total People Management, Total Productive Management, Total Productive Maintenance, Total Productive Management
Use of information and communication technologyBaibhav Agrawal
Enhancing Agriculture sector, ICT, Robotics, Computational Intelligence, Intelligent Environment Control, Use of ICT,Use of information and communication technology
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
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 price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal 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.
USDA Loans in California: A Comprehensive Overview.pptx
Insurance Sector in 2015
1.
2. • Insurance Overview
• Sector History
• FDI in Insurance
• Benefit Of FDI
• Government Role
• Future Expectation
• Challenges
• Industry Growth Pattern
• References
3. • A contract (policy) in which an individual or entity receives financial protection or
reimbursement against losses from an insurance company. The company pools clients' risks to
make payments more affordable for the insured.(1)
According to Investopedia
TYPES OF INSURANCE(2)
1. Life Insurance
2. General Insurance
Motor Insurance
Personal Accident Insurance
Medical and Health Insurance
Travel Insurance
Marine Insurance
4. Year Milestones in the life insurance business in India(3)
1912 The Indian Life Assurance Companies Act enacted as the first statute to
regulate the life insurance business
1928 The Indian Insurance Companies Act enacted to enable the government to
collect statistical information about both life and non-life insurance
businesses
1938 Earlier legislation consolidated and amended to by the Insurance Act with
the objective of protecting the interests of the insuring public.
1956 245 Indian and foreign insurers and provident societies taken over by the
central government and nationalized. LIC formed by an Act of Parliament,
viz. LIC Act, 1956, with a capital contribution of Rs. 5 crore from the
Government of India.
5. Year Milestones in the general insurance business in India(3)
1907 The Indian Mercantile Insurance Ltd. set up, the first company to transact all
classes of general insurance business
1957 General Insurance Council, a wing of the Insurance Association of India,
frames a code of conduct for ensuring fair conduct and sound business
practices
1968 The Insurance Act amended to regulate investments and set minimum
solvency margins and the Tariff Advisory Committee set up.
1972 The General Insurance Business (Nationalization) Act, 1972 nationalized the
general insurance business in India with effect from 1st January 1973. 107
insurers amalgamated and grouped into four companies viz. the National
Insurance Company Ltd., the New India Assurance Company Ltd., the Oriental
Insurance Company Ltd. and the United India Insurance Company Ltd. GIC
incorporated as a company.
6. • The LIC had monopoly till the late 90s when the Insurance sector was reopened to the private sector.
Due to new economic policy the insurance sector was reopened to the private sector.
• The IRDA opened up the market in August 2000 with the invitation for application for registrations. The
bill allows foreign equity stake in domestic private insurance companies to maximum of 26% of the
total paid-up capital and seeks to provide statutory status to the insurance regulator.
• The Insurance Bill, 2015, already passed by the Lok Sabha, Receive a green signal from the Rajya Sabha
(on Mar 12, 2015), seeks to increase the cap on foreign direct investment (FDI) in the insurance sector
from 26% to 49%
Type of Business No. of Public Sector
Companies
No. of Private
Sector Companies
Total Companies
Life Insurance 01 23 24
General Insurance 06 22 28
Re Insurance 01 0 01
Total 08 45 53
Data as on June 2014
7. 1. Insurance Products : Insurers will benefit from the hike of FDI
and will offer better and wide range of insurance products to
customers at larger competitive prices.
2. Aggression : The industry has been cautious in selling products
which are capital intensive, it will be able to become more
aggressive.
3. Increased Capital Inflow : Most of the private sector insurance
companies have been making considerable losses. The
increased FDI limit has brought some much needed relief to
these firms as the inflow of more than 10,000 crore is
expected in the near term. This could go up to 40,000 crore in
the medium to long term, depending on how things pan out.
4. New Players : We can expect about 100 life and non-life
insurance companies to serve a market of our size. Increasing
FDI could see 25-30 new insurers entering the market.
5. Level Playing Field : With the increase in foreign direct
investment to 49 percent, the insurance companies will get
the level playing field. So far the state owned Life Corporation
of India controls around 70 percent of the life insurance
market.
IRDA's Annual Report 2014
8. • Increase in Foreign Direct Investment Limit from 26 to 49%.
• Increase in Deduction Allowed for Medical Insurance (Section 80D) in Income Tax (Budget
2015)(6).
• Pradhan Mantri Jeevan Jyoti Bima Yojana. This scheme aims to provide life insurance cover.
Premium: Rs. 330 per annum. It will be auto-debited in one instalment.
• Pradhan Mantri Suraksha Bima Yojana. This scheme is mainly for accidental death insurance
cover for up to Rs. 2 lakh. Premium: Rs. 12 per annum.
9. • India's life insurance sector is the biggest in the world with about 360 million policies which are
expected to increase at a compound annual growth rate (CAGR) of 12-15% over the next five years.
• The insurance industry plans to hike penetration levels to five per cent by 2020.
• The country’s insurance market is expected to quadruple in size over the next 10 years from its
current size of US$ 60 billion. During this period, the life insurance market is slated to cross US$ 160
billion.
• The general insurance business in India is currently at Rs 78,000 crore (US$ 11.7 billion) premium
per annum industry and is growing at a healthy rate of 17 per cent.
• The Indian insurance market is a huge business opportunity waiting to be harnessed. India currently
accounts for less than 1.5% of the world’s total insurance premiums and about 2 per cent of the
world’s life insurance premiums despite being the second most populous nation. The country is the
fifteenth largest insurance market in the world in terms of premium volume, and has the potential
to grow exponentially in the coming years.
• Life Insurance Sector Likely to Grow 12-15% in FY16: ICRA
10. • Cut Threat Competition
• Customer Relationship Management
• Distribution of Products
• Risk Management
• Untapped Market Segments
• Relationship Management
• Human Resource Management
• Managing the Regulatory Authority
11.
12. 1. http://www.investopedia.com/terms/i/insurance.asp (Dated 1st Nov 2015)
2. http://www.insuranceinfo.com.my/learn_the_basics/types_of_insurance.php?intPrefLangID=1 and
http://www.allbankingsolutions.com/Top-Topics/Types-of-insurance.shtml (Dated 1st Nov 2015)
3. https://www.irda.gov.in/ADMINCMS/cms/NormalData_Layout.aspx?page=PageNo4&mid=2 (Dated 1st Nov 2015) and Dr. N.
KANNAN (2010), “A STUDY ON THE GROWTH OF INDIAN INSURANCE SECTOR” International Journal of Management, Vol. 1,
Issue-1, May 2010, pp. 17 –32
4. Singh Ruby, Gautam Amit (2014), “Foreign Direct Investment and Indian Insurance Industry”, International Journal of Advance
Research Computer Science and Management Studies, Vol. 2, Issue-6, June 2014 and http://www.business-
standard.com/article/current-affairs/six-year-wait-ends-for-up-to-49-fdi-in-insurance-115031300034_1.html (Dated 1st Nov
2015).
5. Pawar Subhash D., “ROLE OF FDI AND INSURANCE SECTOR : INDIAN PERSPECTIVE”, Tactful Management Research Journal
6. http://www.charteredclub.com/section-80d/
7. http://www.ibef.org/industry/insurance-sector-india.aspx
8. G. Chandrayya (2015), “Opportunities and Challenges of Insurance Industry in India”, International Journal of Academic
Research, Vol.2, Issue-2(3)
9. http://www.ibef.org/industry/insurance-sector-india.aspx