Build your professional network on facebook via our app Go to app
 
<< Prev  16 of 21 in Topic  Next >>
Topic : challenges in insurance sector
  Rate : 
Posted in Community :

Secure the future - Insurance

 
Created by : Amar Prasad, Actuary Manager, LIC  | 01 24 2009 18:24:32 +0000
Industry : InsuranceFunctional Area : India(Markets)
Activity:  1691 views;  last activity : 07 06 2010 20:18:09 +0000

Should Insurance firms go for mergers and acquisitions?

 
Share
 
 
  Rate : 
 
 
Yes Vs No
8
 
 
 
 
2
7
2
Support   Support
Top Argument
1
0

Yes, why not? Every M&A bring oportunity to all stakeholders. be it companies as they got synergies, reduced infrstructure cost etc or be it client as the got better services, good reach etc. Beside this its a great toll to grow inorganicaly


By Dushyant Hada, Territory Manager  04 21 2009 09:31:47 +0000
 
0
0

Yes. The life insurance in particular is busines of liabilities and it requires the continuos cash inflow which is vital point for the insurance company and the return of the investment. The company will have to choice either to increase their incomeflow or reduce the expenses. If you look at the annual report new business of various companies, their expenses and their losses, would it be not worth to merge 3 tiny companies in to one. That will increase their strength their geographical presense. Merger is not always the result  of the weakness but sometimes it s a step towards the growth also. The another benefit of the merger is a merger of culture also and a synergy can be created. The only point is that one has to avoid the clash betwn the culture.


By Amitkumar Vaidya, Manager, LIC of India  | 01 20 2010 09:02:11 +0000
0
0

Yes, why not? Every M&A bring oportunity to all stakeholders. be it companies as they got synergies, reduced infrstructure cost etc or be it client as the got better services, good reach etc. Beside this its a great toll to grow inorganicaly


By Dushyant Hada, Territory Manager  | 04 21 2009 09:31:31 +0000
0
0

Definitely mergers and aquisitions is the way to go for insurance companies because if two companies come together with their expertise in particular domains then they will be able to serve better to the general public.

What do you say?


By Jithesh Ramesh, Actuary Manager, Tata Aig Insurance Solutions  | 04 12 2009 14:13:21 +0000
0
0

Yes , as the private insurance companies have begun operations since more than 8 years now,the one way forward would be thru M & A.Also some would be going public in a year or so.


By noshir marshall, Consultant Trainer., ICICI Prudential Life  | 03 23 2009 16:24:18 +0000
1
0

Going forward I think the best way for the insurance companies to grow will be through M&A.  This will lead to consolidation and more focussed approach. Business houses with their core areas which are different from insurance will move out and this will lead to more M&A activities.


By balvir chawla, CEO/MD/Director, life lite  | 02 23 2009 05:28:05 +0000
0
0

I think I am on a completely different track in this case. Companies would actually grow with M&A the best example which I could give is of TATA-AIG.


By Susanta Panda, Actuary Manager, Bajaj Allianz  | 01 24 2009 18:30:15 +0000
0
0

NO. Because as a customer i want that i should get maximum benefit. That i can get when there is a healthy competition in the market.


By Himai Malakar, Actuary Manager, Cholamandalam Insurance  | 03 24 2009 06:16:37 +0000
0
0

When such a thing happens in corporates they are not able to live upto the people's expectation. The benefits are also not availed. M&A are also affected by unjustified optimism.


By Amar Prasad, Actuary Manager, LIC  | 01 24 2009 18:24:32 +0000
Leading Health Care Recruitment Firm
  • 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
It’s true that practice makes the man perfect. It was my stint with the leading life insurance...
 
0 referals 31 comments, 12877 views
Barely had the news of Google Wave demise faded the news of Google's latest acquisition Slide...
 
841 referals 18 arguments, 743 views
YES vs NO
 
28 referals 14 arguments, 2444 views
more...  
 
More From Author
According to me during these times of economic uncertainty there is lot of unemployment, sickness and accident protection more than at any other time. Most of them have mortgages, loans, credit cards, utility bills and everyday expenses that would...
This scheme was successful because there was a salary hike so people could afford it but now as their is a reduction in salary they would also cut down these rates.
Should Insurance firms go for mergers and acquisitions?
more...