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CH ? 1 INDIAN INSURANCE INDUSTRY

1.1 RESEARCH PROPOSAL

1.1.1 PROBLEM STATEMENT:

The life insurance industry was the monopoly of Life Insurance Corporation of India till mid of 2001. Because of privatization, the environment has evolved a lot. The changing environment gives us enough opportunity to find the following queries.

?    How the key success factors govern insurance industry?
?    What would be the impact of privatization on the insurance industry?

1.1.2 RESEARCH OBJECTIVES:

?    To study the macro-environment of Life Insurance Industry at National level with a brief overview of Global scenario.
?    To understand the influence of present Key Success Factors on the future of industry.
?    To understand the scenario of Life Insurance Industry.
?    To apply models to analyze the prevailing business environment of the industry.

1.1.3 LITERATURE REVIEW:
Most of the data collection would be dependent on secondary sources of information. For the same, we would be relying on the following sources:
?    Internet
?    Newspapers
?    Periodicals
?    Magazines
?    Publications and Journals
?    Books
1.1.4 RESEARCH DESIGN:

The study may be viewed as a formal study that involves precise procedures and source specifications to test the hypothesis and answer the research questions posed.

1.1.5 NATURE AND FORM OF RESULTS:

The collected data would be analyzed using different models and managerial t ...
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