Financial Potential of Life Insurance Companies in India – A comparative study among Private and Public Sector Insurance Companies

Vol. 4 No. 4

Year : 2010

Issue : Mar-May

Title  : Financial Potential of Life Insurance Companies in India – A comparative study among Private and Public Sector Insurance Companies 

Author Name  : R. Amuthan, A. Ramachandran 

Synopsis  : 

This study is focusing on the comparison of private and public life insurance companies with respect to their capacity in performing life insurance business. The potential has been checked based on three criteria namely premium income, capital base and profit or loss in the past two years recession time. The finding is that Public sector insurance companies namely Life insurance Corporation of India and SBI are faring better than other private sector companies. The above mentioned insurance companies are more competitive in terms of low premium charge and high claims ratio.