High Claims and Controlled Tariff Structure in Motor Insurance in India

Case Code: INS027 Case Length: 03 Pages Period: 2003 Pub Date: 2003 Teaching Note: Available

Price: Rs.100 Organization: Varied Industry: Insurance Countries: India Themes: -

Abstract Case Intro

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.

Issues

• 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

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