Life insurance in India : the relationship between reforms and growth in business

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      <subfield code="a">Reforms in the lndian life insurance sector began in 1999 and since then the growth of the life business has been impressive despite some restrictions. Whether the reforms in this sector have helped the industry to grow or not is an empírical matter. We, therefore, studied the relationship between life insurance sector reforms in India and the growth of life business in the post-reform period. At the empírical level, we first construct an index to measure the reforms and then used the VAR- VECM model to find out the long-run relationship. The Granger causality test suggests that life insurance sector reforms improved the overall development of life insurance development in recent years in India. </subfield>
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      <subfield code="a">Seguro de vida</subfield>
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      <subfield code="g">07/01/2013 Volumen 38 Número 1  - enero 2013 , p. 88-112</subfield>
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