How Mergers Helping Insurance in India to Grow

As reported by the Economic Times, HDFC Life will be fully acquiring Exide Life Insurance for more than the Rs. 6000 crore which may help HDFC to strenthen its roots in Southern India.

Apart from this, ICICI Lombard has acquired Bharati AXA GIC in an all-stock deal. Though such mergers happen in various sectors, insurance sector is set to get more benefits from these mergers since such mergers help to use capital more effectivaly to support solvancy margin requirement.

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It is observed that there is less awareness in the students’ pursuing Insurance career regarding examinations-certifications that are recognized at national and at global level. In this article we will discuss about the Licentiate examination conducted by Insurance institute of India and will provide study tips and details about the examination.

Licentiate: – This is a basic level – First level examination for Students from both Life and General Insurance background. 60 credit points need to be acquired by candidates with two compulsory papers required to be cleared. Licentiate Examination is conducted on online mode. Centres are designated by III in major cities of India.
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