Build your professional network on facebook via our app Go to app
 
<< Prev  8 of 20 in Topic  Next >>
Topic : challenges in insurance sector
  Rate : 
 
Industry : InsuranceFunctional Area : M&A(Corporate Finance)
Activity:  267 views;  last activity : 07 06 2010 20:18:09 +0000

Need to know different views and their apprehension about the future of Life Insurance Industry in India.

 
 Refer 288
Share
 
 
  Rate : 
 
 
M&A will happen for our overall benefit Vs M&A is not going to happen
10
 
 
 
 
0
5
0
Support   Support
Top Argument
3
0

After almost 10 years of operation by Top 7 private Life Insurance companies,except of one company-none have registered any profit so far. Controlling expense ratio for the companies has become a major task in hand.Competition is heating up.Under this situation,I feel any company who is in Top 7 might look out for an opportunity in buying a company who is struggling for the benefit of both concerned.


By Debajyoti Roy, Territory Manager, HDFC Standard Life Insurance Co. Ltd.  03 26 2010 10:48:26 +0000
 
0
0

Ya it increases the core competency of major players and uplifs the small player with Jv increases the space of busniess and fills the gaps in the market.


By venkat , Manager - International Business, BLB Commodities Ltd  | 04 01 2010 08:27:26 +0000
2
0

Considering the huge untapped market, the prospects of insurance industry in India is promising. The very nature of insurance being a commodity always sold and never bought and, the lack of awareness among common people about the importance of being insured are forcing the insurance companies for huge outlays for marketing and selling. The top players except one, still to break even, definitely they should consider benefiting from economies of scale and synergies. Consolidation can be the next big step towards cost reduction, after banc assurance and mall assurance.   


By Padmanabhan R, Articled / Audit assistant, Finance student  | 03 29 2010 10:09:30 +0000
1
0

I also believe same about the future of this Life Insurance corporation.

Soon we will see M&A among many companies of Life Insurance companies.These companies have to do this to servive or else they can nt last long


By sachin , Freelancer, Freelancer  | 03 26 2010 17:23:58 +0000
2
0

Hi Debajyoyi,

I think insurance industry has a bright future ahead. Because economic performance and continued liberalization is set to drive mergers and acquisitions growth in India.  This will increase foreign equity in a company, conversion of preference shares into equity capital and conversion of foreign loans into equity. 

So I think we will experience it in the coming future....... 


By Niranjan Meena, Actuary Manager, LIC  | 03 26 2010 10:46:15 +0000
Leading recruitment firm from Bangalore
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
"Tell me and I will forget, show me and I may remember, involve me and I will understand," -...
 
1548 referals 70 arguments, 1142 views
All the existing private sector insurance companies are into losses and the losses are...
 
69 referals 62 arguments, 2578 views
Who has more controlling Power over Environmental concerns...???
 
1428 referals 48 arguments, 1952 views
more...  
Recent Knowledge (3)
WE HAD A GOOD NUMBER OF INVENTORS WITH GREATER VISION ABOUT THE SOCIETY. INVENTORS HERE NEED NOT...
 
2 referals 2 arguments, 97 views
These days as I switch on the tv or radio or look at a hoarding I do feel that power of ads I...
 
3004 referals 23 arguments, 482 views
MNC's should take in more freshers vs Do not take freshers
 
1 referals 2 arguments, 161 views
more...