impact of de-tariffication on profitability of non-life insurers

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DE-TARIFF – NEED‣ the products need to be priced equitably basedon their individual loss potential‣ tariff rates were higher than rates for similarrisks in other parts <strong>of</strong> the world.
DE-TARIFF – ADVANTAGES / DISADVANTAGESADVANTAGES‣ Competition will improve efficiency‣ Efficiency will lead to reduction <strong>of</strong> premium and benefit‣ It is part <strong>of</strong> the reforms towards liberalized economy.DISADVANTAGES‣ De-<strong>tariffication</strong> may make insurance unavailable atreasonable premium‣Companies may form cartels and jack up the premium‣Free market may lead to insolvency <strong>of</strong> companies andloss <strong>of</strong> protection for policyhol<strong>de</strong>rs.
Page 1: IMPACT OF DE-TARIFFICATION ONPROFIT
Page 5 and 6: DE-TARIFF - INDIAN EVOLUTIONPhase I
Page 7 and 8: DE-TARIFF - INDIAN EVOLUTIONWe will
Page 9 and 10: DE-TARIFF - IMPACTSof</stro
Page 11 and 12: Rs. In BillionDE-TARIFF - PROFITABT
Page 13 and 14: Rs. In BillionDE-TARIFF - PROFITABT
Page 15 and 16: DE-TARIFF - PROFITABTILITY STATISTI
Page 17: DE-TARIFF REGIME - CONCLUSION‣ Up

impact of de-tariffication on profitability of non-life insurers

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