What ails the life insurance industry today? Well the biggest worry is lapsation. They have other worries too – like the Swarup committee report, the small ticket size, the poor public image, the lack of communication skills in the sales force…but clearly the biggest worry is lapsation. It beats me completely as to how an […]
There are a few companies even in the sensex which come with good results quite regularly. In fact the market likes such companies and gives it a high price earning ratio. So far this has been considered good behaviour and well rewarded. However the breaking of the Madoff scandal makes one feel uncomfortable about such […]
There are many people I know who are contemplating retirement 5-15 years before they HAVE to retire. When I ask them WHY do they want to retire, these are the normal answers that I get: 1. Have enough money. However there are a few people who say they have ‘enough’. Then I calculate how much […]
By the time you read this you will know who is India’s next prime minister. However I am writing this at 8 am on 16th May. CNN IBN is not a channel of first choice – especially when there is an election. However while flipping channels I came across this channel where Rajdeep Sardesai was […]
One little boy was lost in the forest (he was the son of a sage) – his name was Ratnakara. A hunter found him and brought him up and he grew upto be a fine young man. He fulfilled his family needs by hunting and killing people – with an intention to steal. One day […]
I have a friend who has worked in a bank for many years – from a rookie sales person to almost the top job in sales and marketing. She has (to me surprisingly) acquired a lot of knowledge about banking, mutual fund and life insurance. Not knowing much of her background (she now works for […]