B.N.Banerjee & S.K.Sarvaria
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The Insurance business is at the take-off stage of galloping expansion in India. Sky is the limit for expansion of this business. There is insurance for anything that we can imagine. The last Edition was published in the year 1994. Thereafter, there was complete overhaul of the Insurance Act, 1938 by the Insurance Regulatory and Development Authority Act, 1999 (41 of 1999) w.e.f. 19-4-2000.
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