Life Insurance Company Risk Exposure: Market Indication And Policy Implications.
What are the {main features of LIC?
1.Saving Asylum:
2. Statement Financing Establishment:
3. Assets Institutions:
4. Device in Percentage Activity:
Defects
1.Dependence on Institutional Sources of Direction:
2.Defects of Give Economics:
3.Small Industries Unheeded:
4.Cheap Management to Big Industries:
5.More Loans to Matured Areas:
6.Problem of Overdoes:
Opposition
Forward assemblage reward accumulation (Rs Crore)
Time contract
companiesApril-FebruaryGrowth (%)
2009-102010-11
Private29,57130,7564.0
LIC54,32073,12234.6
Total83,8911,03,87823.8
Publication: IRDA
The manufacture prerecorded 7(%) per cent ontogeny in reward assemblage on a month-on-month component in Feb to Rs 8,344 crore, compared to Rs 8,301 crore together in January 2011.
Manufacture sales took a hit after new norm were start in Sept and nearly everyone of the development in terms of payment income happened in the opening six months of 2010-11.
Industry income require a hit after new-fangled norms were introduced in September and most of the photograph in status of payment income happened in the premiere six months of 2010-11.
The first-class publication in January was land by 14.5 per cent, similitude to Rs 9,709 crore in Dec. The new sector proceeds in Nov 2010 was Rs 7,282 crore.
In February, LIC's new premium publication was up by 12.9(%) per cent on a year-on-year groundwork, whereas for its private peers the collecting eellike in by 5(%) per centime.
SBI Life, the moneyman snobby being underwriter in conditions of new line reward income, equanimous premiums worth Rs 5,845 crore throughout the ordinal 11 months of 2010-11, up by 1.9(%) per coin compared to Rs 5,267 crore collected in the twin period a period originally.