This Data Book shows trend data of Islamic insurance industry in Indonesia. Data of Total Assets, Claims, Gross Premium, and Investments of Insurance Industry
Indian Life Insurance market to see ~11.6% in the next five yearsBella Harris
As the life insurance market in India was valued at INR 4,185 Bn. With the upcoming development projects by the government, it may expand at a CAGR of ~11.6% by 2023.
India will resume scheduled international flights on March 27th after a two year suspension due to COVID-19. International operations will follow health ministry guidelines. This will allow airlines worldwide to operate flights to and from India according to original schedules. India had only been operating international flights through bilateral air bubble agreements since the pandemic began.
The President of India presented the 2020 and 2021 Nari Shakti Puraskar awards on International Women's Day to honor 29 women for their exceptional work on women's empowerment. The annual awards, instituted in 1999, recognize outstanding individual women and institutions in empowering women and social welfare.
The RBI Governor launched a new UPI digital payments service called "123Pay" for feature
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...Ankur Gupta
According to the research report “Asia-Pacific Insurance Market Outlook to 2016 - Growth Opportunity in India and China” by Ken Research, the direct written premium of insurance in Asia-Pacific region is projected to rise at a CAGR of 11.2% in the next four years due to rising population in the market of India and China and improving government regulations in most of the Asian countries.
“Rising demand of annuity insurance in Japan, South Korea and Taiwan with the ageing population, increasing competition with the entrance of foreign players and rising awareness among the rural population of India and China are expected to drive the Asia-Pacific insurance market positively in next four years.” According to the Research Analyst, Ken Research
The report titled Asia-Pacific Insurance Market Outlook to 2016 - Growth Opportunity in India and China provides a comprehensive analysis of market size of the insurance industry on the basis of countries such as Japan, China, South Korea, Taiwan, India and Australia, market segmentation of life and non life insurance industry. The report also entails the value chain of Asia-Pacific insurance market. The report also provides competitive landscape and profile of major players operating in the insurance industry
For more information on the industry research report please refer to the below mentioned link:
http://www.kenresearch.com/banking-financial-services--insurance-bfsi-/insurance/363-93/Asia_Pacific_Insurance_Market.html
The document provides an overview of the insurance industry in India. Some key points:
- The overall insurance market in India is expected to reach US$ 280 billion by 2020, up from US$ 84.74 billion in FY17.
- Life and non-life insurance segments are growing, with life insurance premiums reaching US$ 64.92 billion in FY17 and non-life premiums reaching US$ 19.88 billion.
- Growth is being driven by factors like increasing penetration of insurance in rural areas, rising demand for health and crop insurance, and growth in the automotive sector.
- The government has also introduced various insurance schemes to boost coverage like Pradhan Mantri
The insurance industry in India is growing rapidly and is expected to reach US$ 280 billion by 2020. Life insurance premiums have grown at a CAGR of 13.28% from FY02-FY17 to US$ 64.92 billion, while non-life insurance premiums have grown at a CAGR of 17.7% to US$ 19.8 billion over the same period. The private sector contribution to the insurance industry has also increased, with the private sector accounting for 28.93% of the life insurance market and 48.01% of the non-life insurance market as of FY18. Key growth drivers for the insurance industry include increasing penetration of crop, health and motor insurance.
1. The USD/INR currency pair is expected to trade sideways with a positive bias around 70.8-71.47 in the coming weeks. On Friday, USD/INR showed a recovery from lower levels and ended with an upward "Hammer" candlestick pattern, suggesting a mild bounce is likely in the coming days.
2. India's Finance Minister said there are currently no plans to revise the country's fiscal deficit target, though experts believe it will widen due to corporate tax cuts.
3. Industry leaders expect the recent reduction in corporate tax rates to boost the economy and lead to a faster turnaround, though focus is now needed on spurring demand.
The document summarizes the AgustaWestland chopper scam in India. It describes how in 2013, an investigation began into allegations that AgustaWestland bribed Indian officials to secure a contract to supply 12 helicopters. Several politicians and military officials were accused of accepting bribes. The contract was later cancelled after it was found that bribes were paid, and India recovered funds paid to AgustaWestland. The investigation continues as agencies seek evidence against those who accepted bribes in the deal.
Non-Life Insurance in India, Key Trends and Opportunities to 2016ReportsnReports
This document provides a summary of a report on non-life insurance trends in India from 2007-2016. Some key points:
- The Indian non-life insurance market grew significantly from 2007-2011 despite the global financial crisis, driven by factors like compulsory motor insurance and rising property prices.
- The motor insurance category dominated the market and is expected to further increase its share over the forecast period.
- The report provides an in-depth analysis of the non-life insurance market in India, including historical market sizes, forecasts, competitive analysis of top players, and descriptions of key market segments and distribution channels.
Indian Life Insurance market to see ~11.6% in the next five yearsBella Harris
As the life insurance market in India was valued at INR 4,185 Bn. With the upcoming development projects by the government, it may expand at a CAGR of ~11.6% by 2023.
India will resume scheduled international flights on March 27th after a two year suspension due to COVID-19. International operations will follow health ministry guidelines. This will allow airlines worldwide to operate flights to and from India according to original schedules. India had only been operating international flights through bilateral air bubble agreements since the pandemic began.
The President of India presented the 2020 and 2021 Nari Shakti Puraskar awards on International Women's Day to honor 29 women for their exceptional work on women's empowerment. The annual awards, instituted in 1999, recognize outstanding individual women and institutions in empowering women and social welfare.
The RBI Governor launched a new UPI digital payments service called "123Pay" for feature
Rising Underwriting Capacity Driving The Asia Pacific Insurance Sector: Ken R...Ankur Gupta
According to the research report “Asia-Pacific Insurance Market Outlook to 2016 - Growth Opportunity in India and China” by Ken Research, the direct written premium of insurance in Asia-Pacific region is projected to rise at a CAGR of 11.2% in the next four years due to rising population in the market of India and China and improving government regulations in most of the Asian countries.
“Rising demand of annuity insurance in Japan, South Korea and Taiwan with the ageing population, increasing competition with the entrance of foreign players and rising awareness among the rural population of India and China are expected to drive the Asia-Pacific insurance market positively in next four years.” According to the Research Analyst, Ken Research
The report titled Asia-Pacific Insurance Market Outlook to 2016 - Growth Opportunity in India and China provides a comprehensive analysis of market size of the insurance industry on the basis of countries such as Japan, China, South Korea, Taiwan, India and Australia, market segmentation of life and non life insurance industry. The report also entails the value chain of Asia-Pacific insurance market. The report also provides competitive landscape and profile of major players operating in the insurance industry
For more information on the industry research report please refer to the below mentioned link:
http://www.kenresearch.com/banking-financial-services--insurance-bfsi-/insurance/363-93/Asia_Pacific_Insurance_Market.html
The document provides an overview of the insurance industry in India. Some key points:
- The overall insurance market in India is expected to reach US$ 280 billion by 2020, up from US$ 84.74 billion in FY17.
- Life and non-life insurance segments are growing, with life insurance premiums reaching US$ 64.92 billion in FY17 and non-life premiums reaching US$ 19.88 billion.
- Growth is being driven by factors like increasing penetration of insurance in rural areas, rising demand for health and crop insurance, and growth in the automotive sector.
- The government has also introduced various insurance schemes to boost coverage like Pradhan Mantri
The insurance industry in India is growing rapidly and is expected to reach US$ 280 billion by 2020. Life insurance premiums have grown at a CAGR of 13.28% from FY02-FY17 to US$ 64.92 billion, while non-life insurance premiums have grown at a CAGR of 17.7% to US$ 19.8 billion over the same period. The private sector contribution to the insurance industry has also increased, with the private sector accounting for 28.93% of the life insurance market and 48.01% of the non-life insurance market as of FY18. Key growth drivers for the insurance industry include increasing penetration of crop, health and motor insurance.
1. The USD/INR currency pair is expected to trade sideways with a positive bias around 70.8-71.47 in the coming weeks. On Friday, USD/INR showed a recovery from lower levels and ended with an upward "Hammer" candlestick pattern, suggesting a mild bounce is likely in the coming days.
2. India's Finance Minister said there are currently no plans to revise the country's fiscal deficit target, though experts believe it will widen due to corporate tax cuts.
3. Industry leaders expect the recent reduction in corporate tax rates to boost the economy and lead to a faster turnaround, though focus is now needed on spurring demand.
The document summarizes the AgustaWestland chopper scam in India. It describes how in 2013, an investigation began into allegations that AgustaWestland bribed Indian officials to secure a contract to supply 12 helicopters. Several politicians and military officials were accused of accepting bribes. The contract was later cancelled after it was found that bribes were paid, and India recovered funds paid to AgustaWestland. The investigation continues as agencies seek evidence against those who accepted bribes in the deal.
Non-Life Insurance in India, Key Trends and Opportunities to 2016ReportsnReports
This document provides a summary of a report on non-life insurance trends in India from 2007-2016. Some key points:
- The Indian non-life insurance market grew significantly from 2007-2011 despite the global financial crisis, driven by factors like compulsory motor insurance and rising property prices.
- The motor insurance category dominated the market and is expected to further increase its share over the forecast period.
- The report provides an in-depth analysis of the non-life insurance market in India, including historical market sizes, forecasts, competitive analysis of top players, and descriptions of key market segments and distribution channels.
This document discusses new health insurance policies and programs in Indonesia. It provides background on the challenges consumers face in choosing plans and the role of both private insurers and the government. The government's National Health Insurance (JKN) program, run through the National Social Security Agency (BPJS), aims to provide universal healthcare coverage. BPJS oversees health and other social insurance programs. The JKN provides coverage for primary, referral, and hospital care for all Indonesian citizens and long-term residents. Certain cosmetic or experimental procedures are excluded from coverage.
“1 to 2 years”is the common average working term for Vietnamese(35.8%). On the other side, Thailand and Indonesia people tend to stay longer at a company compared with Vietnamese. For example, 29.6% of Thai respondents and 35.0% of Indonesian respondents stay at a company for “3 years and more“.
Tour & Travel Agent Competition in Indonesia 2014
Omnibus Popular Brand Index 2014
A. Detail findings
1.Popular Brand Index
2.Brand awareness
3.Expansive
4.Frequent Visitor
5.Future Intention
6.Switching
7.General Information
This document provides a comparative report on life insurance studies conducted in Thailand, Indonesia, and Vietnam in 2015. It includes the following key findings:
- Ownership of life insurance varies significantly between countries, with Vietnam having the highest rate at 72.8% compared to 47.5% in Thailand and 44% in Indonesia.
- Thailand has the highest proportion of life insurance buyers at 90.9%, while Indonesia has the lowest at 38.3%.
- Common life insurance products also differ - Thailand favors accident/risk coverage, Indonesia favors health, and Vietnam's most common are accident/risk and health.
- Insurance company recognition and contracts held also vary by country, with Prudential leading in
Survey about Facial Cleaner in Thailand, January 2016
Popular Brand Index
A. Research design
Research Method: Online research
Fieldwork Period: January 2016
Research Area: Thailand
Respondent Criteria: Female, 16 years and above, have purchased Facial Cleaner in the last 3 months
Sample Size: 1,426 samples
Awareness on Insurance Companies, Insurance companies ever used / have contract, The latest life insurance company purchased, Reasons to Choose the Life Insurance Company, Reasons of having and not having life insurance, Sources of Information, Insurance Contracts Information, The Monthly Insurance Premium, Switching and Consideration, etc.
The survey summarizes key findings from a report on sexual activity and contraceptive use among women in Vietnam. It found that over 60% of respondents currently experience gynecological issues like menstrual disorders and vaginitis. Nearly half of sexually active women did not use contraception in the last 3 months. The internet and print media were the primary sources of sex education, rather than school programs. Daily contraceptive pills and emergency contraception pills were most commonly used, but also reported side effects that deterred regular use.
Personal Accident and Health Insurance in Indonesia, Key Trends and Opportuni...ReportsnReports
This document provides a 215-page market analysis report on personal accident and health insurance in Indonesia between 2012-2016. It finds that the market is expected to grow due to rising incomes and healthcare costs in Indonesia. However, fraud and the presence of government health insurance could hamper private insurance growth. The report includes historical data from 2007-2011 and forecasts to 2016 on topics like premiums, claims, market share by category and company profiles. It aims to help understand market trends, opportunities and the competitive landscape in Indonesia's personal accident and health insurance segment.
This document appears to be a training report submitted by Jyoti Priya Roul analyzing the financial statements of IDBI Federal Life Insurance Co Ltd. over multiple years to evaluate the company's performance and financial health. The report includes declarations, certificates, acknowledgements, tables of contents, and chapters covering the insurance industry, company profile, literature review, research methodology, financial statement analysis including ratios, findings, suggestions and conclusions.
This document appears to be a training report submitted by Jyoti Priya Roul analyzing the financial statements of IDBI Federal Life Insurance Co Ltd. over multiple years to evaluate the company's performance and financial health. The report includes declarations, certificates, acknowledgements, tables of contents, and chapters covering the insurance industry, company profile, literature review, research methodology, financial statement analysis including ratios, findings, suggestions and conclusions.
Dynamics of-agency-recruitment-insurnace-sector1Nagpur home
The document is an industrial training project report submitted by a student for their MBA program. It provides an overview of the insurance sector in India, including a brief history highlighting key milestones such as the nationalization of insurance companies in 1956 and their privatization in 1999-2000. It discusses the underdeveloped state of the insurance market in India prior to privatization and the reasons for private insurance companies entering the Indian market, such as low penetration rates and the inability of LIC to cover more than 10-15% of the population.
The document is an industrial training project report submitted by a student for their MBA program. It includes sections on the declaration, preface, acknowledgements, and an index of topics to be covered in the report such as the company and sector profiles, tasks undertaken during training, analysis, SWOT analysis, and conclusions. The report was prepared during a training internship at Bharti AXA Life Insurance to fulfill the practical training requirements of the MBA program.
The document provides an overview of the insurance sector in India. It discusses key topics such as the definition of insurance, major types of insurance policies including life and general insurance, evolution of the insurance sector in India including nationalization in 1956 and liberalization in 1999 with the establishment of IRDAI as the regulatory body. It also summarizes the major players in life and general insurance, their products and leadership, as well as ongoing trends and challenges in the growing Indian insurance market.
This document is a summer internship report submitted by NEHA to the School of Management at Gautam Buddha University. It presents a comparative study of two life insurance companies in India - IDBI Federal Life Insurance Co. Ltd. and LIC. The report includes declarations, certificates of work completion, acknowledgements, an executive summary, and outlines of chapters on the insurance industry in India, company descriptions, product profiles, research methodology, data analysis, findings and recommendations.
Completed this project a year back with great efficiency, for my part time pgdbm program giving insight both India as well as emerging asia pacific countries with a marketing sense. kindly do look into it if anymore feedbacks please mail me shwetaacharyaa@gmail, i will cross check and improve the same
A PROJECT REPORT ON RISK ANALYSIS AND RISK MANAGEMENT IN INVESTING IN INSUR...Abhishek Raj
The project has been undertaken to know about different types of risk that can covered by insurance policies and how to analyse and mange those risks as there are various types of risk that a person can suffers in his life term.
The project talks about what are the various things that customer should consider before buying an insurance policy and various steps that need to consider before buying it.
The document provides an overview of the insurance industry in India. Some key points:
- The insurance industry in India is expected to reach $280 billion by 2020, with life insurance growing 12-15% annually for the next 3-5 years.
- Gross premiums written reached Rs. 5.53 trillion (US$ 94.48 billion) in FY18, with Rs. 4.58 trillion from life insurance and Rs. 1.51 trillion from non-life insurance.
- Private sector companies have increased their market share in both life and non-life insurance segments over the years, contributing to growth.
The insurance industry in India is growing rapidly and is expected to reach US$ 280 billion by 2020. Some key points:
- Life and non-life insurance premiums reached Rs. 5.53 trillion (US$ 94.48 billion) in FY18, with life insurance making up Rs. 4.58 trillion (US$ 71.1 billion).
- Private sector participation is increasing in both life and non-life insurance, with private players having a 33.7% market share in life insurance new business in FY19 and a 54.7% market share in non-life insurance premiums in FY19.
- Segments like crop, health and motor insurance are expected to drive future
The document discusses the history and profile of Life Insurance Corporation of India (LIC). It outlines key milestones such as the establishment of the first life insurance company in India in 1818 and the nationalization of life insurance and formation of LIC in 1956. LIC began as a government corporation with 5 zones, 33 divisions and 212 branches and has since expanded significantly to over 2000 branches across India. It remains the largest life insurer in India.
The presentation discusses the comparative study of IDBI Federal Life Insurance Co. Ltd. and LIC of India. The comparison is done on the basis of products & plans, market share, new policies issued, grievances resolved percentage, premium collection, claim settlement ratio. The presentation also gives the analysis of customer awareness and satisfaction level for both the companies.
Report on Health insurance and consumer, it is an overview of what health insurance is all about, what are its scenario in India. It also explains about how the regulatory authority perform its function and hoe do they deal with the consumer, faulty transaction etc. We have done a survey of
This document discusses new health insurance policies and programs in Indonesia. It provides background on the challenges consumers face in choosing plans and the role of both private insurers and the government. The government's National Health Insurance (JKN) program, run through the National Social Security Agency (BPJS), aims to provide universal healthcare coverage. BPJS oversees health and other social insurance programs. The JKN provides coverage for primary, referral, and hospital care for all Indonesian citizens and long-term residents. Certain cosmetic or experimental procedures are excluded from coverage.
“1 to 2 years”is the common average working term for Vietnamese(35.8%). On the other side, Thailand and Indonesia people tend to stay longer at a company compared with Vietnamese. For example, 29.6% of Thai respondents and 35.0% of Indonesian respondents stay at a company for “3 years and more“.
Tour & Travel Agent Competition in Indonesia 2014
Omnibus Popular Brand Index 2014
A. Detail findings
1.Popular Brand Index
2.Brand awareness
3.Expansive
4.Frequent Visitor
5.Future Intention
6.Switching
7.General Information
This document provides a comparative report on life insurance studies conducted in Thailand, Indonesia, and Vietnam in 2015. It includes the following key findings:
- Ownership of life insurance varies significantly between countries, with Vietnam having the highest rate at 72.8% compared to 47.5% in Thailand and 44% in Indonesia.
- Thailand has the highest proportion of life insurance buyers at 90.9%, while Indonesia has the lowest at 38.3%.
- Common life insurance products also differ - Thailand favors accident/risk coverage, Indonesia favors health, and Vietnam's most common are accident/risk and health.
- Insurance company recognition and contracts held also vary by country, with Prudential leading in
Survey about Facial Cleaner in Thailand, January 2016
Popular Brand Index
A. Research design
Research Method: Online research
Fieldwork Period: January 2016
Research Area: Thailand
Respondent Criteria: Female, 16 years and above, have purchased Facial Cleaner in the last 3 months
Sample Size: 1,426 samples
Awareness on Insurance Companies, Insurance companies ever used / have contract, The latest life insurance company purchased, Reasons to Choose the Life Insurance Company, Reasons of having and not having life insurance, Sources of Information, Insurance Contracts Information, The Monthly Insurance Premium, Switching and Consideration, etc.
The survey summarizes key findings from a report on sexual activity and contraceptive use among women in Vietnam. It found that over 60% of respondents currently experience gynecological issues like menstrual disorders and vaginitis. Nearly half of sexually active women did not use contraception in the last 3 months. The internet and print media were the primary sources of sex education, rather than school programs. Daily contraceptive pills and emergency contraception pills were most commonly used, but also reported side effects that deterred regular use.
Personal Accident and Health Insurance in Indonesia, Key Trends and Opportuni...ReportsnReports
This document provides a 215-page market analysis report on personal accident and health insurance in Indonesia between 2012-2016. It finds that the market is expected to grow due to rising incomes and healthcare costs in Indonesia. However, fraud and the presence of government health insurance could hamper private insurance growth. The report includes historical data from 2007-2011 and forecasts to 2016 on topics like premiums, claims, market share by category and company profiles. It aims to help understand market trends, opportunities and the competitive landscape in Indonesia's personal accident and health insurance segment.
This document appears to be a training report submitted by Jyoti Priya Roul analyzing the financial statements of IDBI Federal Life Insurance Co Ltd. over multiple years to evaluate the company's performance and financial health. The report includes declarations, certificates, acknowledgements, tables of contents, and chapters covering the insurance industry, company profile, literature review, research methodology, financial statement analysis including ratios, findings, suggestions and conclusions.
This document appears to be a training report submitted by Jyoti Priya Roul analyzing the financial statements of IDBI Federal Life Insurance Co Ltd. over multiple years to evaluate the company's performance and financial health. The report includes declarations, certificates, acknowledgements, tables of contents, and chapters covering the insurance industry, company profile, literature review, research methodology, financial statement analysis including ratios, findings, suggestions and conclusions.
Dynamics of-agency-recruitment-insurnace-sector1Nagpur home
The document is an industrial training project report submitted by a student for their MBA program. It provides an overview of the insurance sector in India, including a brief history highlighting key milestones such as the nationalization of insurance companies in 1956 and their privatization in 1999-2000. It discusses the underdeveloped state of the insurance market in India prior to privatization and the reasons for private insurance companies entering the Indian market, such as low penetration rates and the inability of LIC to cover more than 10-15% of the population.
The document is an industrial training project report submitted by a student for their MBA program. It includes sections on the declaration, preface, acknowledgements, and an index of topics to be covered in the report such as the company and sector profiles, tasks undertaken during training, analysis, SWOT analysis, and conclusions. The report was prepared during a training internship at Bharti AXA Life Insurance to fulfill the practical training requirements of the MBA program.
The document provides an overview of the insurance sector in India. It discusses key topics such as the definition of insurance, major types of insurance policies including life and general insurance, evolution of the insurance sector in India including nationalization in 1956 and liberalization in 1999 with the establishment of IRDAI as the regulatory body. It also summarizes the major players in life and general insurance, their products and leadership, as well as ongoing trends and challenges in the growing Indian insurance market.
This document is a summer internship report submitted by NEHA to the School of Management at Gautam Buddha University. It presents a comparative study of two life insurance companies in India - IDBI Federal Life Insurance Co. Ltd. and LIC. The report includes declarations, certificates of work completion, acknowledgements, an executive summary, and outlines of chapters on the insurance industry in India, company descriptions, product profiles, research methodology, data analysis, findings and recommendations.
Completed this project a year back with great efficiency, for my part time pgdbm program giving insight both India as well as emerging asia pacific countries with a marketing sense. kindly do look into it if anymore feedbacks please mail me shwetaacharyaa@gmail, i will cross check and improve the same
A PROJECT REPORT ON RISK ANALYSIS AND RISK MANAGEMENT IN INVESTING IN INSUR...Abhishek Raj
The project has been undertaken to know about different types of risk that can covered by insurance policies and how to analyse and mange those risks as there are various types of risk that a person can suffers in his life term.
The project talks about what are the various things that customer should consider before buying an insurance policy and various steps that need to consider before buying it.
The document provides an overview of the insurance industry in India. Some key points:
- The insurance industry in India is expected to reach $280 billion by 2020, with life insurance growing 12-15% annually for the next 3-5 years.
- Gross premiums written reached Rs. 5.53 trillion (US$ 94.48 billion) in FY18, with Rs. 4.58 trillion from life insurance and Rs. 1.51 trillion from non-life insurance.
- Private sector companies have increased their market share in both life and non-life insurance segments over the years, contributing to growth.
The insurance industry in India is growing rapidly and is expected to reach US$ 280 billion by 2020. Some key points:
- Life and non-life insurance premiums reached Rs. 5.53 trillion (US$ 94.48 billion) in FY18, with life insurance making up Rs. 4.58 trillion (US$ 71.1 billion).
- Private sector participation is increasing in both life and non-life insurance, with private players having a 33.7% market share in life insurance new business in FY19 and a 54.7% market share in non-life insurance premiums in FY19.
- Segments like crop, health and motor insurance are expected to drive future
The document discusses the history and profile of Life Insurance Corporation of India (LIC). It outlines key milestones such as the establishment of the first life insurance company in India in 1818 and the nationalization of life insurance and formation of LIC in 1956. LIC began as a government corporation with 5 zones, 33 divisions and 212 branches and has since expanded significantly to over 2000 branches across India. It remains the largest life insurer in India.
The presentation discusses the comparative study of IDBI Federal Life Insurance Co. Ltd. and LIC of India. The comparison is done on the basis of products & plans, market share, new policies issued, grievances resolved percentage, premium collection, claim settlement ratio. The presentation also gives the analysis of customer awareness and satisfaction level for both the companies.
Report on Health insurance and consumer, it is an overview of what health insurance is all about, what are its scenario in India. It also explains about how the regulatory authority perform its function and hoe do they deal with the consumer, faulty transaction etc. We have done a survey of
The document provides an overview of the insurance sector in India. It highlights that the life insurance premium market grew at a CAGR of 14% from FY04 to FY15, reaching USD61.78 billion. The non-life insurance premium market grew at a CAGR of 13.8% from FY02 to FY15, reaching USD13.9 billion. The private sector's contribution to the non-life insurance premium market rose from 13.12% in FY03 to 45.4% in FY16. Crop, health and motor insurance are expected to be key drivers of future growth.
This document provides a summary of a summer placement report submitted by Ravi Agarwal on their internship at HDFC Standard Life Insurance Company. The report includes an overview of the Indian insurance industry, history of insurance in India, key milestones, and reforms. It also discusses the present scenario of the life insurance industry in India and HDFC Standard Life's products, marketing strategies, competition, and recommendations for improving sales and market share.
The document provides an overview of the insurance market in India. It notes that India ranks 11th in the global life insurance business and 21st in the non-life insurance market. Both the life and non-life insurance premium markets have grown rapidly in recent years at a CAGR of 14% and 16.3% respectively. The market share of private sector companies in non-life insurance has increased from 9.6% to 41% over the period FY03 to FY16. Crop, health and motor insurance are expected to drive future market growth.
The document provides an overview of the insurance sector in India. It highlights that the life insurance sector grew premiums by 22.55% in FY2016, while the non-life insurance premium market grew at a CAGR of 12.1% from FY2004 to FY2016. The contribution of private sector companies in non-life insurance increased from 13.12% in FY2003 to 45.4% in FY2016. Segments like crop, health and motor insurance are expected to drive future growth.
The document discusses the insurance sector in India. It explains that insurance transfers risk from the insured to the insurer in exchange for premiums. The main types of insurance are life insurance and general insurance. The regulatory body IRDAI was established in 1999 to regulate and develop the insurance industry in India and opened the sector to private companies. Major players in life insurance include LIC, ICICI Prudential, and SBI Life. In general insurance, major players are New India Assurance, National Insurance, and HDFC Ergo. The insurance sector has grown significantly since liberalization and is projected to reach $280 billion by 2020.
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Dynamic policy enforcement is becoming an increasingly important topic in today’s world where data privacy and compliance is a top priority for companies, individuals, and regulators alike. In these slides, we discuss how LinkedIn implements a powerful dynamic policy enforcement engine, called ViewShift, and integrates it within its data lake. We show the query engine architecture and how catalog implementations can automatically route table resolutions to compliance-enforcing SQL views. Such views have a set of very interesting properties: (1) They are auto-generated from declarative data annotations. (2) They respect user-level consent and preferences (3) They are context-aware, encoding a different set of transformations for different use cases (4) They are portable; while the SQL logic is only implemented in one SQL dialect, it is accessible in all engines.
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ISLAMIC INSURANCE INDUSTRY IN INDONESIA
Table of Contents
I. Number of Companies
Graph 1.1. Numbers of Islamic Insurance Companies in Indonesia, 2006 - 2014
Graph 1.2. Numbers of Islamic Life Insurance Companies in Indonesia, 2006 - 2014
Graph 1.3. Numbers of Islamic Non Life Insurance Companies in Indonesia, 2006 - 2014
Graph 1.4. Numbers of Life Insurance Companies that have Islamic Business Units in Indonesia, 2006 - 2014
Graph 1.5. Numbers of Non Life Insurance Companies that have Islamic Business Units in Indonesia, 2006 - 2014
Graph 1.6. Numbers of Reinsurance Companies that have Islamic Business Units in Indonesia, 2006 - 2014
II. Gross Premium
Graph 2.1. Gross Premium of Islamic Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 2.2. Gross Premium of Islamic Non Life Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 2.3. Gross Premium of Islamic Life Insurance in Indonesia, 2006 - 2014
III. Claims
Graph 3.1. Total Claims of Islamic Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 3.2. Total Claims of Islamic Non Life Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 3.3. Total Claims of Islamic Life Insurance in Indonesia, 2006 - 2014
Graph 3.4. Percentage of Total Claims to Gross Premium of Islamic Life Insurance in Indonesia, 2006 - 2014
Graph 3.5. Percentage of Total Claims to Gross Premium of Islamic Non Life Insurance in Indonesia, 2006 - 2014
IV. Assets
Graph 4.1. Total Assets of Islamic Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 4.2.Total Assets of Islamic Non Life Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 4.3.Total Assets of Islamic Life Insurance in Indonesia, 2006 - 2014
V. Investments
Graph 5.1. Total Investments of Islamic Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 5.2. Total Investments of Islamic Non Life Insurance & Reinsurance in Indonesia, 2006 - 2014
Graph 5.3. Total Investments of Islamic Life Insurance in Indonesia, 2006 - 2014
VI. Market Share
Graph 6.1. Market Share of Gross Premium of Islamic Insurance to All Insurance in Indonesia, 2013 - 2014
Graph 6.2. Market Share of Total Claims of Islamic Insurance to All Insurance in Indonesia, 2013 - 2014
Graph 6.3. Market Share of Total Assets of Islamic Insurance to All Insurance in Indonesia, 2013 - 2014
Graph 6.4. Market Share of Policy/Insured of Islamic Life Insurance to All Life Insurance in Indonesia, 2013 - 2014
Graph 6.5. Market Share of Gross Premium of Islamic Life Insurance to All Life Insurance in Indonesia, 2013 - 2014
Graph 6.6. Market Share of Total Claims of Islamic Life Insurance to All Life Insurance in Indonesia, 2013 - 2014
Graph 6.7. Market Share of Total Assets of Islamic Life Insurance to All Life Insurance in Indonesia, 2013 - 2014
Graph 6.8. Share of Gross Premium of Islamic Non Life Insurance & Reinsurance to All Non Life Insurance &
Reinsurance in Indonesia, 2013 - 2014
Graph 6.9. Market Share of Total Claims of Islamic Non Life Insurance & Reinsurance to All Non Life Insurance &
Reinsurance in Indonesia, 2013 - 2014
Graph 6.10. Market Share of Total Assets of Islamic Non Life Insurance & Reinsurance to All Non Life Insurance &
Reinsurance in Indonesia, 2013 - 2014