The Life Insurance Industry in India - Current State and Efficiency (Paperback, Softcover reprint of the original 1st ed. 2017)

This book traces the development and analyses the performance of life insurance industry in India, since inception of this sector, using different business indicators over the years. It discusses the evolution and changing features of the Indian insurance industry in 3 phases: phase I from 1818 to 1956, phase II from 1956 to 2000 (known as the nationalisation period) and phase III post 2000 (called the post reform period). The book also measures the relative efficiency and productivity of the life insurance industry in India for the post-reform period, by employing Data Envelopment Analysis (DEA). Despite the fact that the life insurance sector recorded a compound annual growth rate (CAGR) of 17% in terms of total premiums and 21% in terms of new business premium collections during the post reform period, the insurers continue to grapple with the issue of profitability. Against this background, the book presents results on the factors determining profitability of the life insurance companies using measures of efficiency and competition. By helping regulatory authorities determine the future course of action in the context of entry of foreign insurers and also in establishing a level playing field, the book has important policy implications.

General

Imprint:	Springer Verlag, Singapore
Country of origin:	Singapore
Release date:	April 2018
First published:	2017
Authors:	Tapas Kumar Parida • Debashis Acharya
Dimensions:	210 x 148 x 6mm (L x W x T)
Format:	Paperback
Pages:	94
Edition:	Softcover reprint of the original 1st ed. 2017
ISBN-13:	978-981-10-9568-9
Categories:	Books > Business & Economics > Economics > International economics > General Books > Business & Economics > Business & management > Management & management techniques > General Books > Business & Economics > Industry & industrial studies > Distributive industries > General Books > Business & Economics > Industry & industrial studies > Service industries > Financial services industry Books > Business & Economics > Finance & accounting > Finance > Insurance > General Books > Money & Finance > Insurance > General Promotions
LSN:	981-10-9568-X
Barcode:	9789811095689

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