An analysis of life insurance demand determinants for selected asian economies and india subir sen senior lecturer [email protected] An empirical analysis of life insurance industry in india international journal of multidisciplinary research, vol 1, no 7, pp 62-73, 2011 12 pages posted: 15 jun 2014. The life insurance corporation of india was founded in 1956 when the parliament of india passed the life insurance of india act that nationalized the private insurance industry in india.
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