Life Insurance In India
Opportunities, Challenges and Strategic Perspective
- H Sadhak - Non Bank Financial Institutions Regulatory Authority, Botswana
Accounting/Finance (General)
Life Insurance in India: Opportunities, Challenges and Strategic Perspective presents a detailed analysis of several strategic and managerial issues such as product-market relationship, distribution, marketing strategies and funds management and focuses specially on the changing contours of risk management in life insurance. Primary concerns for the post-liberalized industry like structural changes in economy and financial sectors, information explosion, need for competitive management efficiency, etc., have been discussed with suggestive guidelines.
A supplement on analysis of macro economic indicators and their impact on stock market investment make this book a ready manual for any practicing manager. Apart from the general reader, it will also be very useful for regulators and students of Insurance Management and training programmes of Life Insurance companies.
From introducing definitions of financial markets, gross domestic savings and globalisation to charts displaying personal disposable income and life insurance premiums, Sadhak’s discussions follow a logical progression from the basic to the complex, neatly tied in with chronology. The data-backed information impartation of the book is both complete and relevantly connected to the author’s point of discussion…. A comprehensive listing of relevant legislative, academic and corporate governance text forms an excellent reference for professional perspective add value to the book that targets the growing cadre of insurance managers.