Research and Markets has announced the addition of the "Bajaj Allianz Case Study: Insurer completes first decade in India" company profile to its offerings.
In a release, Research and Markets noted that report highlights include:
German insurer Allianz entered the newly-privatized Indian market in 2001, with local company Bajaj as its partner. This report shows how the company dealt with the challenges and opportunities of this market, to become one of India's leading private-sector insurers.
-India has an undeveloped insurance market as measured by density and penetration. It has experienced several years of strong premium growth.
-Since 2001, regulatory changes have seen private-sector companies begin to compete with the state-owned incumbents in both the life and non-life segments.
-Bajaj Allianz is a leading provider of microinsurance products, and works on education projects to raise awareness of insurance among Indians who are unfamiliar with the concept.
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