About this document
Overview of General Insurance in India by skenkan is a document available to read on EtoBox.
General insurance provides short-term coverage for losses unrelated to human life. It involves pooling risks and transferring risks to insurance companies in exchange for premiums paid. The main types of general insurance are fire, motor, health, marine, and miscellaneous insurance. In India, general insurance developed after the British established insurance companies in the 1850s. Post-independence, the business was nationalized in 1972. Reforms began in the 1990s leading to the establishment of IRDA in 1
- Author
- skenkan
- Language
- EN