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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Impact of F.D.I. on Life Insurance Sector in India |
| Authors Name: | Anil , Himanshu Kataria |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_204435
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| Published Paper Id: | IJNRD2308361 |
| Published In: | Volume 8 Issue 8, August-2023 |
| DOI: | |
| Abstract: | Life insurance sector has opened for private sector and foreign player after the establishment of the Insurance Regulatory and Development Authority (IRDA) in April, 2000. Foreign Direct Investment has been allowed in private life insurance in India up to a limit of 26%, but on 4th October 2012, Government of India approved to enhance the FDI cap from 26% to 49%. At present the upper limit of FDI in 74%. Currently 23 life insurers are working in life insurance sector but Life Insurance Corporation of India is holding approx. 73% of the life insurance market. The objective of this research is to analyze the result of penetration ratio, density ratio and collected premium by different life insurance companies in Indian. This study highlighted current scenario of Life Insurance Sector in India. Secondary data was collected from the various reports issued by IRDA and published various research papers in repute journal for the years 2011 to 2021. As per the analysis of data, the penetration of life insurance industry in India is fluctuating for the last few years. The study suggested some corrective measure to improve penetration rate in India. Previous studies have been done up to 2019 and this study tried to inculcate the penetration ratio and density ratio in Life Insurance sector up to 2021. |
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| Cite Article: | "Impact of F.D.I. on Life Insurance Sector in India", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 8, page no.d413-d423, August-2023, Available :http://www.ijnrd.org/papers/IJNRD2308361.pdf |
| Downloads: | 000118756 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2308361 Registration ID: 204435 Published In: Volume 8 Issue 8, August-2023 DOI (Digital Object Identifier): Page No: d413-d423 Country: -, -, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2308361 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2308361 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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