JOB SATISFACTION –A Comparative Analysis of Public and Private Insurance Companies
Role of Private Companies in Insurance
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Transcript of Role of Private Companies in Insurance
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Compiled by:-Dhrumil ShahSY BBA Div 1
Roll No: 38
Role of Private Companies in Insurance
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Major players in InsuranceLife Insurance:• Life Insurance Corporation of India• ICICI Prudential Life Insurance Company Ltd.• Bajaj Allianz Life Insurance Company Ltd.• Birla Sun Life Insurance Company Ltd.General Insurance:• General Insurance Corporation of India• TATA AIG General Insurance Company Ltd.• Bajaj Allianz General Insurance Company Ltd.
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Market ShareThe following table shows the decline in LIC
share after theprivate companies joined the market.
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Market Share
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Case Study: ICICI Prudential Life Insurance Co. Ltd.Joint venture between ICICI and Prudential
plc in 2000Registered office- MumbaiChairperson- Ms. Chanda KochharProducts:
o Savings & Wealth Creation Plans- 7o Protection Plans- 2o Retirement plans- 3o Group Plans- 3
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Market ShareThe following shows the amount of
premium(in lakhs)collected by different players in the
Insurance industry.
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BibliographyInternational Journal of Engineering
Research & Technology(IJERT)International Association of Satellite
Innovation and Research(IASIR)