Financial Performance Analysis of Life Insurers in India / Najlacnejšie knihy
Financial Performance Analysis of Life Insurers in India

Kód: 07171839

Financial Performance Analysis of Life Insurers in India

Autor Abhijit Sinha, Sunil Kumar Gandhi

The insurance scenario in general and the life insurance in particular has undergone a massive change after liberalization with the entry of private sector insurers. Naturally, an interest has been created to know how the insurers ... celý popis

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Anotácia knihy

The insurance scenario in general and the life insurance in particular has undergone a massive change after liberalization with the entry of private sector insurers. Naturally, an interest has been created to know how the insurers are faring in the post-liberalized environment, particularly the erst-while monopoly public sector company. The study focuses on the financial performance analysis of the insurers in India. The analysis is based on (i) financial parameters under the CARAMELS framework, and(ii) Data Envelopment Analysis (two input-two output model)followed by Spearman's rank correlation and t-Test.The results of the analyses show that the sole public sector behemoth,namely LIC, outperformed all the private insurers. The correlation study between the ranks obtained from the two analyses points to a significantly high level of relationship. A trend analysis is also made on important revenue and cost variables of public and private insurers. Application of mean difference test on those variables points to a significant difference between the two sectors. We hope that the book will be immensely useful to policy makers, insurers,regulators, researchers, and students.

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Zaradenie knihy Knihy po anglicky Economics, finance, business & management Business & management Management & management techniques

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