Abstract

The case focuses on the motor insurance business in India. It examines the regulations issued by the Insurance Regulatory and Development Authority (IRDA) and their impact on existing players and potential players in the industry. The case also discusses the entry barriers in the motor insurance business. In addition, the case touches on the difficulties in calculating the premium for motor insurance in India.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Understand the state of the motor insurance business in India. Understand the factors that impede the growth of the motor insurance business in India.

Keywords

Motor insurance, regulations, Insurance Regulatory and Development Authority, IRDA, existing players, potential players, entry barriers, motor insurance, business, case touches, difficulties, calculating, premium