Global diversification of financial institutions, including the insurance sector, has proven beneficial to many … distribution channels. This paper aims to critically evaluate the liberalisation process of India's insurance sector and the impact … it has had on the sector, both life and non-life segments. As India is in the process of opening its insurance sector to …

transactions of non-agency RMBS by insurance companies from 2006 to 2009, we show that insurance companies that became more capital … at much lower prices than other insurance companies during the crisis …

irregular cash flows of poor households, who have been excluded in the commercial insurance system for a variety of reasons … households. The most prominent forms of microinsurance are life insurance and health insurance (carried out as part of an overall … health care package that links the health insurance to a health facility), which have been designed to be responsive to the …

with the life insurance data, in equilibrium young households are borrowing constrained and under-insured against human … capital risk. A calibrated version of the model can quantitatively account for the life-cycle variation of life-insurance … to a substantial increase in the volume of both credit and insurance. …

due to the limited pledgeability of human capital. We show analytically that, consistent with the life insurance data, in … account for the life-cycle variation of life-insurance holdings, financial wealth, earnings, and consumption inequality … insurance. …

India's insurance sector has been growing dynamically in the last couple of years. Despite the suite of reforms that … have been implemented to stoke the sector's growth, it still has a long way to go, as its share in the global insurance … market remains abysmally low. In this paper, we analyse the Indian insurance sector and trace its evolution and growth. We …