Insurance in India Puns

A list of puns related to "Insurance in India"

Analyzing Life Insurance companies in growth markets like India and China

Hi All, I am looking to analyse Life Insurance Companies in growth economies (India, China etc.) and facing with the following challenges

  1. Since the products are long-tenor, accounting is completely opaque as high acquisition costs are expended right away instead of amortizing over life. How should one see P&L profits here?
  2. Sell-side is valuing this business by projecting value of new business (VNB) and giving a multiple to it - However, the VNB calculation is rather strange as it calculated as PV of cash flows of new business written that year discounted at risk free rate. It seems to me that cash flows should be discounted at cost of equity (and not risk free rate) to come to VNB. What is the right framework?
  3. Life Insurance companies don't talk about ROCE, ROA - how does one say if this business is good or bad without knowing its capital efficiency?
  4. Various types of products have different capital requirements - how does understand which is the most lucrative product?
  5. Would be great if someone could share material on evaluating life insurance business (books, papers, primers)

Edit 1:

Some of the things I've found which helps answer some questions I posted

http://www.fbv.kit.edu/symposium/8th/papers/darbellay.pdf

http://www.ordineattuari.it/media/3227/ONA_FVG_EV_752.pdf (if someone know italian and can help with the last few pages, would appreciate it)

https://www.actuary.org/sites/default/files/files/publications/Practice_Note_Practice_note_to_assist_actuaries_working_for_life_insurance_companies_with_the_calculation_of_embedded_values_may2009.pdf

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👤︎ u/fussy_suroor
📅︎ Dec 24 2019
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Spending 1 hour on the phone to a call center in India trying to sort out my car insurance renewal.

45 minutes of that was spent by me trying to explain that 1200 is infact more than 1050 no matter when you pay the monthly installments

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👤︎ u/ProjectDelta18
📅︎ Sep 16 2019
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Since last year in India, around, 100 million families (around 500 million people ) have gotten absolutely free healthcare from the government . How much does a basic health insurance cost in the USA? Does the government provide any healthcare plan to the people who cant afford it?
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👤︎ u/tiger_1111
📅︎ Apr 02 2019
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So the warranty free extension in India is free for everyone or Is it only when you have an existing insurance ?

According to the link , it just says Verify IMEI number and get 1 year extension of the warranty free. I don't see any option to verify the IMEI number on the app.

https://support.oneplus.com/app/answers/detail/a_id/4527/~/oneplus-care-benefits

PS- App is updated.

Can someone please explain?!

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👤︎ u/NixTrix27
📅︎ Oct 23 2019
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Which is better, buying new personal health insurance or topping up corporate health insurance in India?
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👤︎ u/keen_learner
📅︎ Jun 25 2019
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