International Journal of Marketing & Financial Management

International Journal of Marketing & Financial Management

Print ISSN : 2349 –2546

Online ISSN : 2348 –3954

Frequency : Monthly

Current Issue : Volume 2 , Issue 7
2014

THE GROWTH OF INDIAN LIFE INSURANCE SECTOR AND ITS POTENTIAL THROUGH FDI PARTICIPATION

*Shri. S. Sathyeshwar, **Dr.B.G Satyaprasad

*Research Scholar, Tumkur University, Tumkur, India,  **G.T Institute of Management Studies and Research, Bangalore, India

DOI : Page No : 35-48

Published Online : 2014-08-30

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INTRODUCTION:

The origin of life insurance in India can be traced back to 1818 with the establishment of the Oriental Life Insurance Company in Calcutta. By 1938, there were 176 insurance companies in India. In 1938, the first comprehensive legislation regarding insurance was introduced with the passing of Insurance Act of 1938 that provided strict State Control over insurance business. 

International Journal of Marketing & Financial Management