Life insurance is an important financial tool that allows households to manage financial risks arising from the death of an earning member.
Life insurance is an important financial tool that allows households to manage financial risks arising from the death of an earning member. Yet, in 2019, life insurance penetration (percentage of insurance premiums to GDP) was only 2.82%. While 38.3% of Indian households reported having a life insurance product as on September 2021, life insurance covered only […]
There are several reasons for low take-up of life insurance policies in general and specifically low take-up of term life insurance. These factors range from supply side barriers such as misaligned incentive structures for agents selling life insurance policies, lack of availability and accessibility to a larger suite of life insurance products customized to the needs of low-income households to demand-side barriers such as household’s contextual factors that limit their awareness and priority for a life insurance product and their behavioural preferences pertaining to life insurance products.
In this blogpost, we present the key differences in financial disclosures reported by HDFC Bank Limited in India and in the United States (U.S.). As of March 31, 2021, HDFC Bank Limited (henceforth the bank) had 18.65% of its shareholding in the form of American Depository Shares (ADS) that are listed on the New York Stock Exchange (NYSE).
Impact of information disclosure on consumer behaviour: The case of high-risk bonds
Assessing Transparency of Indian Banking System’s Public Risk Disclosure Regime – A Regulation Based Approach
In this paper, we assess the public disclosure regime of the Indian banking sector & provide our recommendations that RBI can consider implementing to enhance the transparency of disclosures
This paper report results from an experimental study that examines the impact of information disclosure on consumers’ purchase decision of a high-risk financial product
Subsequent to our earlier post that briefly laid out the three approaches to consumer protection that were discussed in the IFMR Financial Systems Design Conference 2012, upcoming posts in this series will take you through these sessions in detail.
Subsequent to our earlier post in the Consumer Protection series, this post covers conduct and disclosure obligations of Australian Financial Services (AFS) License holders for provision of advice to retail clients.