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2016 | 47 | 2 | 190-201
Article title

Impact of F.D.l. On Insurance sector in India - A case study of Life insurance services

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EN
Abstracts
EN
The study concluded that increase in foreign direct investment (F.D.I.) is optimistic move for the future of Indian Life Insurance Sector, since this sector need huge amount of capital investment which can be done effectively only through increase in FDI and it enhance overall performance of insurance sector. Innovative insurance product and services, better use of technology, increase in employment and competition etc. are by-product of increase in F.D.I in insurance Sector. Government of India through Insurance Regulatory and Development Authority of India (I.R.D.A.I.) and Reserve Bank of India (R.B.I.) need to keep regular check on the outflow of India currency. India is growing economy and many consider it an attractive country for investment in mainly to its fast growing and changing insurance market. Indian insurance industry is still less penetrated and has huge growth potential. Foreign direct investment (F.D.I.) plays significant role in the economic development of the country. This study is based on secondary data collected from I.R.D.A and research papers from various journals.
Year
Volume
47
Issue
2
Pages
190-201
Physical description
Contributors
  • School of Banking and Commerce, Jagran Lakecity University, Bhopal, M.P. India
  • School of Banking and Commerce, Jagran Lakecity University, Bhopal, M.P. India
References
  • [1] Available from http://www.business-standard.com/article/finance/insurance-density-falls-for-first-time-in-india-report-112122200105_1.html.
  • [2] Available from http://www.investopedia.com/terms/f/fdi.asp#ixzz3zHol5TrQ
  • [3] Available from http://www.swissre.com/sigma/.
  • [4] Available from http://www.usforeignpolicy.about.com/od/introtoforeignpolicy/a/ what-is-FDI.htm
  • [5] Available from http://www.wisegeek.com/what-is-an-insurance-claim.htm# didyouknowout
  • [6] Available from https://www.irda.gov.in/admincms/cms/whatsNew_Layout.aspx? page= PageNo2644&flag=1
  • [7] Available from https://www.irdai.gov.in/ADMINCMS/cms/frmGeneral_ NoYearList.aspx?DF=AR&mid=11.1.
  • [8] Available from https://www.rbi.org.in/scripts/FAQView.aspx?Id=26
  • [9] Available from www.businessstandard.com/article/printerfriendlyversion? article_id=115051700780_1
  • [10] Bodla B.S, Garg M.C and Singh K.P, “Insurance Fundamental, Environment and Procedures”, Deep & Deep Publication Pvt. Ltd, New Delhi, (2003), pp. 5-6.
  • [11] Yadav Rajesh K. and Mohania Sarvesh, “A Case Study with Overview of Pradhan Mantri Jan Dhan Yojana (Atal Pension Yojana)”, World Scientific News, Vol. 29, (2016), pp. 124-134.
  • [12] Yadav Rajesh K. and Mohania Sarvesh, “A Case Study with Overview of Pradhan Mantri Suraksha Bima Yojana – A Scheme of Pradhan Mantri Jan Dhan Yojana”, World Scientific News, Vol. 36, (2016), pp. 127-137.
  • [13] Yadav Rajesh K. and Mohania Sarvesh, “Claim settlement of Life Insurance Policies in Insurance Services with Special Reference to Life Insurance Corporation of India”, Indian Journal of Economics and Development, Vol. 29, No.1(1), (2013), pp. 29-37.
  • [14] Yadav Rajesh K. and Mohania Sarvesh, “Claim Settlement Process of Life Insurance Services – A Case Study of ICICI Prudential Life Insurance Company”, International Letters of Social and Humanistic Sciences, Vol. 24, (2014), pp. 26-32.
  • [15] Yadav Rajesh K. and Mohania Sarvesh, “Claim Settlement Process of Life Insurance Policies in Insurance Services – A Comparative Study of LIC of India and ICICI Prudential Life Insurance Company”, International Letters of Social and Humanistic Sciences, Vol. 49, (2015), pp. 21-29.
  • [16] Yadav Rajesh K. and Mohania Sarvesh, “Pradhan Mantri Jeevan Jyoti Bima Yojana – A Case Study of Pradhan Mantri Jan Dhan Yojana”, World Scientific News, Vol. 31, (2016), pp. 35-46.
  • [17] Yadav Rajesh K. and Mohania Sarvesh, “Role of Insurance Ombudsman and Grievance Management in Life Insurance Services in Indian Perspective”, International Letters of Social and Humanistic Sciences, Vol. 20, (2014), pp. 9-13.
Document Type
article
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bwmeta1.element.psjd-f7829e81-cce9-4d88-9a1f-968f780d346b
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