Impact of Privatization on the Indian Insurance Industry: A Systematic Literature Review

Abstract: This systematic literature review examines the impact of privatization on the Indian insurance industry. The review synthesizes findings from various scholarly articles, reports, and case studies to provide insights into the effects of privatization on market dynamics, regulatory changes, consumer behaviour, and overall industry performance. The results highlight both the benefits and challenges associated with the privatization process, suggesting avenues for future research.

Keywords: Privatization, Indian insurance industry, market dynamics, regulatory changes, consumer behaviour.