International Journal of Applied Research
Vol. 1, Issue 1, Part C (2014)
Significance of financial services of insurance industry
The insurance industry in India has passed through a period of structural changes under the combined impact of financial sector reforms in general and insurance sector in particular. The market for insurance services previously was monopolistic while the market place was regulated and insurance companies were expected to receive assured spreads over their costs of funds and systematic demand for their products. This article highlights the facts about insurance industry and its financial performance.
How to cite this article:
Rachit Agarwal. Significance of financial services of insurance industry. Int J Appl Res 2014;1(1):133-136.