An industry can be called successful only after we see the status of all the stake holders. We saw how the employees and the sales force was feeling. Let us see something about the ‘customers’ and the ‘owners’. The customers of the life insurance industry can be divided into 3 categories: a. Those who understood […]

Read More →

Once upon a time (even today it has not really changed much) companies were run for the benefit of the dominant shareholders who were also in management. Even today that happens in companies like Reliance, Birla, Bajaj, Murugappa, – and these are not insignificant in size or contribution to the national kitty. However in the […]

Read More →

I wish I had joined the mafia – at least everybody would KNOW that I am a bad man! A friend of mine in a high position in a big finance company told me this yesterday! The following are a mix of my views and partly his lament! Having seen Investment banking (I think a […]

Read More →

So as expected the ULIP bill is passed. I am not sure about my numbers but if the mf sales: ulip sales is 1:300, to even think the MF industry will be called for a meeting sounds funny. The mutual fund industry in India is going through a real hard grind – some partly its […]

Read More →

Continuing the state of the Life insurance Industry… One very important part of this industry are the agents. Now the agents are of 3 types a. National Level Distributors (non banks), b. National Level Distributors (banks) and c. Individuals (largely local level). The N L D as they are called seem to be making money, […]

Read More →

There are many questions being asked about the sebi vs. irda battle. If the fees paid to sebi / irda depends on the assets size, then it is obvious that both of them want a part of the wealth management pie. To most observers it was clear even in 2003-4 that by 2010-11 the assets […]

Read More →