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Life Insurance In India: Opportunities, Challenges and Strategic Perspective
Author(s): Hira Sadhak (Author)
- Publisher: SAGE Publications Pvt. Ltd
- Publication Date: August 14, 2018
- Edition: First Edition
- Language: English
- Print length: 416 pages
- ISBN-10: 8178298465
- ISBN-13: 9788178298467
Book Description
Life Insurance in India: Opportunities, Challenges and Strategic Perspective presents a detailed analysis of several strategic and managerial issues such as product-market relationship, distribution, marketing strategies and funds management and focuses specially on the changing contours of risk management in life insurance. Primary concerns for the post-liberalized industry like structural changes in economy and financial sectors, information explosion, need for competitive management efficiency, etc., have been discussed with suggestive guidelines.
A supplement on analysis of macro economic indicators and their impact on stock market investment make this book a ready manual for any practicing manager. Apart from the general reader, it will also be very useful for regulators and students of Insurance Management and training programmes of Life Insurance companies.
Editorial Reviews
Review
From introducing definitions of financial markets, gross domestic savings and globalisation to charts displaying personal disposable income and life insurance premiums, Sadhak’s discussions follow a logical progression from the basic to the complex, neatly tied in with chronology. The data-backed information impartation of the book is both complete and relevantly connected to the author’s point of discussion…. A comprehensive listing of relevant legislative, academic and corporate governance text forms an excellent reference for professional perspective add value to the book that targets the growing cadre of insurance managers.
— Businessworld
About the Author
Dr Sadhak has held many important posts such as Executive Director with LIC of India (2004–06) and Joint General Manager with LIC Mutual Fund (1989–99). He was also an officer with a public sector bank and a lecturer in economics at a degree college.
In the recent past he was a member/expert of many high power working groups/ technical committees including Technical Committee on Accounting Policy for NPS, PFRDA; Technical Advisory Group, Real Estate Price Index, Government of India; Working Group on Household Savings, 11th Five Year Plan, Government of India; Working Group on Household Savings, 10th Five Year Plan, Government of India; Working Group, Fifth Economic Census, Government of India; Working Group on Insurance Sector Statistics, National Statistics Commission; Founder Convener, Research and Statistics Committee, AMFI.
An accomplished author, Dr Sadhak, has published more than 200 articles/research papers and five well appreciated books―Life Insurance in India: Opportunities, Challenges & Strategic Perspective (SAGE, 2009), Mutual Funds in India: Marketing Strategies and Investment Practices (SAGE, 1997), Role of Entrepreneurs in Backward Areas (1989), Impact of Incentives on Industrial Development in Backward Regions (1986).
He is widely travelled and has delivered lectures in many national and international seminars/conferences in India and abroad. He is a director on the board of many companies and is also associated with many trade and industry associations. He has received many awards for his contribution to research in finance and economic development. Dr Sadhak obtained his PhD (Industrial Finance) from the University of Poona, MA (Economics) from University of Kalyani, West Bengal, and Diploma in Operation Research for Management from University of Mumbai.
He is also a distinguished poet and novelist having 12 collections of published works in Bengali, English and Hindi to his credit.
