Asset Liabilities Mgmt

A Dissertation on Comparative and Competitive analysis of Private Life Insurance Companies in India since their entry

Submitted to: Parikshit Vaid By: Pooja Chauhan 9128 PGP1

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Table of Contentss

Introduction: ........................................................................................................................................... 3 History of Insurance ............................................................................................................................. 3 NEED OF INSURANCE ........................................................................................................................... 4 How Insurance Works? ............................................................................................................................ 4 Insurance of Human Asset ..................................................................................................................... 6 Advantages of Life Insurance: .................................................................................................................. 6 Role of Insurance in Economic Development: .......................................................................................... 7 Insurance in India: ................................................................................................................................... 8 Overseas Insurers: ................................................................................................................................... 9 Birth of Indian Insurers: ........................................................................................................................... 9 Growth of Insurance Business: ............................................................................................................... 10 INSURANCE ACT, 1938 ........................................................................................................................... 10 Nationalization...