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- W2993083498 abstract "Indian life insurance sector was nationalized by the govt. of India in the year 1956 with the existence of Life Insurance Corporation of India (L.I.C.) as Public Sector Company and afterwards L.I.C. enjoyed the monopoly for more than four decades in the Indian life insurance segment. Under economic reforms process Indian life insurance sector was opened to the private players in the year 2000 under the supervision and control of Insurance Regulatory and Development Authority (I.R.D.A.). Foreign promoters can hold the 26 percent equity in the Indian life insurance companies. Now at present govt. of India has raised this limit to 49 percent and foreign promoters can hold 49 percent equity in the life insurance company. Today, Public and Private life insurance companies doing insurance business in the Indian life insurance sector, competing with each other and providing numbers of protection and saving plans to the Indian customers. In the present research paper an attempt has been made to study the comparative evaluation of public and private life insurance companies in India. Comparative evaluation will disclose the growth of each life insurance company operating in the life insurance industry after liberalization. Ultimately the savings mobilisation of rural and urban masses by the public and private life insurance companies plays pivotal role in the overall balanced economic progress of the nation." @default.
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- W2993083498 date "2016-12-02" @default.
- W2993083498 modified "2023-09-25" @default.
- W2993083498 title "COMPARATIVE EVALUATION OF PUBLIC AND PRIVATE LIFE INSURANCE COMPANIES IN INDIA" @default.
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