Case Details: |
Price: |
| Case Code |
: |
FINC002 |
For delivery in electronic format: Rs. 200;
For delivery through courier (within India): Rs. 200 + Rs. 25 for Shipping & Handling Charges
ThemesFinance : Merger and acquisition takeover |
| Case Length |
: |
5 Pages |
| Period |
: |
1999 - 2001 |
| Pub. Date |
: |
2002 |
| Teaching Note |
: |
Available |
| Organization |
: |
LIC (Life Insurance Corporation) |
| Industry |
: |
Financial Services |
| Countries |
: |
India |
Abstract:
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In 2000, the Insurance Regulatory & Development Authority Bill was passed by the Government of India, throwing open the Indian insurance market to foreign players.
The domestic life insurance monopoly, Life Insurance Corporation (LIC) had to take various steps to compete with the new players. The case study 'Life Insurance Corporation's Future Prospects' discusses LIC's moves after the IRDA Act was passed and examines the company's future prospects.The case gives students an insight into the measures taken by LIC to deal with competition after the insurance sector was opened up to the private players. Finance Case Collection
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Issues:
» Opening of Indian insurance market to foreign players, steps taken by LIC to counter the competition, future prospects of LIC
Contents:
Keywords:
Insurance Regulatory & Development Authority Bill, Government of India, Indian insurance market, foreign players, domestic life insurance monopoly, Life Insurance Corporation, LIC, Life Insurance Corporation, Future Prospects, IRDA Act, LIC, insurance sector
Life Insurance Corporation's Future Prospects
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