International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.
Submit Research Paper Join as a Reviewer

Plagiarism is checked by the leading plagiarism checker TurnItIn

Call for Paper

Volume 6 Issue 6
November-December 2024

Submit your research paper

Indexing Partners
Academia Advanced Sciences Index Bielefeld Academic Search Engine CiteSeer DRJI Google Scholar Independent Search Engine & Directory Network ISI (International Scientific Indexing) Issuu Mendeley Research Networks
RefSeek ResearcherId - Thomson Reuters ResearchGate Scirus Scribd Semantic Scholar UTeM - Universiti Teknikal Malaysia Melaka Wiki for Call for Papers WorldCat Zenodo

Legal Implications of Liberalisation and Globalisation of Insurance Sector

Author(s) Priyam Sharma
Country India
Abstract The liberalization and globalization of the insurance sector have had significant legal implications. The liberalization and globalization of the insurance sector have been driven by the increasing interconnectedness of economies and the desire to promote competition and efficiency in the market. This process involves opening up domestic insurance markets to foreign companies and removing barriers to entry for new players. As a result, there has been a surge in cross-border investments, mergers, and acquisitions, leading to the expansion of multinational insurance companies. From a legal perspective, the liberalization and globalization of the insurance sector have necessitated changes in regulatory frameworks and the harmonization of laws across jurisdictions. Governments have had to revise their domestic insurance laws to accommodate the entry of foreign insurers and ensure a level playing field for all participants. This includes revisiting licensing requirements, solvency regulations, consumer protection laws, and dispute resolution mechanisms. The liberalization and globalization of the insurance sector have had far-reaching legal implications. These include the need for regulatory reform, international cooperation, and harmonization of laws.
Key words: Constitution, solvency, globalization, self-government and Nationalisation
Keywords Constitution, solvency, globalization, self-government and Nationalisation
Field Sociology > Administration / Law / Management
Published In Volume 5, Issue 4, July-August 2023
Published On 2023-08-31
Cite This Legal Implications of Liberalisation and Globalisation of Insurance Sector - Priyam Sharma - IJFMR Volume 5, Issue 4, July-August 2023. DOI 10.36948/ijfmr.2023.v05i04.6038
DOI https://doi.org/10.36948/ijfmr.2023.v05i04.6038
Short DOI https://doi.org/gspcdp
View / Download PDF File

Share this



E-ISSN 2582-2160
CrossRef

CrossRef DOI is assigned to each research paper published in our journal.

IJFMR DOI prefix is
10.36948/ijfmr

Downloads
Research Paper Format Copyright Permission Form and Undertaking Form Cover Page Vol 6 Isu 6Cover Page Vol 6 Isu 5Cover Page Vol 6 Isu 4

All research papers published on this website are licensed under Creative Commons Attribution-ShareAlike 4.0 International License, and all rights belong to their respective authors/researchers.

CC-BY-SA Open Access

About IJFMR
Fees & Payment
Current Issue
Publication Archive 		Submit Research Paper
Track Submission Status
Publication Guidelines
Publication Ethics
Peer Review & Plagiarism 		Join as a Reviewer
Editors & Reviewers
Reviewer Referral Program
Get Reviewer Membership Certi. 		Website/Journal Policies
Usage Policy
Content Policies
Privacy Policy
Contact Us +91-9898-5948-55 editor@ijfmr.com