Study Between Public Sector Life Insurance and Private Sector Life Insurance

Exploring the Potential of India's Insurance Sector

Authors

  • Anuj Goel Sai Nath University

Keywords:

public sector, life insurance, private sector, insurance sector, economic development, savings, financial intermediary, investment activities, financial markets, risk manager

Abstract

The Insurance sector plays a vital role in the economic development ofour nation. It acts as a mobiliser of savings, financial intermediary, promoterof investment activities, stabilizer of financial markets and a risk manager.India is still an under-insured country in the world. It is at the 18thposition among Life Insurance markets and 28th in Non-Life Insurance markets inthe world. This indicates that there is a huge potential, yet to be explored.

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Published

2014-07-01

How to Cite

[1]
“Study Between Public Sector Life Insurance and Private Sector Life Insurance: Exploring the Potential of India’s Insurance Sector”, JASRAE, vol. 8, no. 15, pp. 0–0, Jul. 2014, Accessed: Aug. 09, 2025. [Online]. Available: https://ignited.in/index.php/jasrae/article/view/5321

How to Cite

[1]
“Study Between Public Sector Life Insurance and Private Sector Life Insurance: Exploring the Potential of India’s Insurance Sector”, JASRAE, vol. 8, no. 15, pp. 0–0, Jul. 2014, Accessed: Aug. 09, 2025. [Online]. Available: https://ignited.in/index.php/jasrae/article/view/5321