Insurance industry in India: structure, performance, and future challenges
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Date
2005-10-27Author
Krishnamurthy, R.
Mony, S.V.
Jhaveri, Nani
Bakshi, Sandeep
Dixit, Mukund R.
Maheshwari, Sunil
Bhat, Ramesh
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With the liberalization and entry of private companies in insurance, the Indian insurance sector has
started showing signs of significant change. Within a short span of time, private insurance has
acquired 13 per cent of the life insurance market and 14 per cent of non-life market. However, there
is still a huge untapped demand for insurance.
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