ABSTRACT
In this study, the performance of select life insurance companies was analysed by considering a few important parameters like persistency ratio, claim settlement ratio, solvency ratio, current ratio and the total life insurance premium received. The top ?ve private sector life insurance companies were selected based on the new business premium received by them – SBI Life Insurance Company Ltd, HDFC Life Insurance Company Ltd, ICICI Prudential Life Insurance Company Ltd, Max Life Insurance Company Ltd, Bajaj Allianz Life Insurance Company Ltd . The study was conducted for the duration of ?ve years i.e., 2016-17 to 2020-21. The data collected was completely based on secondary sources. Of all the companies chosen for the study, the total premiums received by SBI Life Insurance Company Ltd has shown a signi?cant increase over the years selected for the study and the study also analysed that the persistency ratio for all the ?ve life insurance companies was decreasing over the years though there is an increase in the life insurance premiums received by the companies over the same duration.
ABSTRACT
In todays‘ world, customer is considered to be the God for all business, without his satisfaction no business is flourished. Similarly Life insurance companies also depend on customers, whatever the product they sell; it has to match the customer expectations. The present study is based on the perceptions and expectations of customer in life insurance companies in Chennai. This paper tries to look different service Quality dimensions to understand the Customer expectations and perceptions. The Research methodology based on descriptive method, data is collected through questionnaire. For data was collected in stratified random data sampling technique. Sample size taken 150.The tool used to relate is Pearson Correlation Coefficient .the study concludes with suggestions for the companies.
ABSTRACT
Life insurance has been developed in means of providing economic compensation for unexpected accidental losses. As the insurance industry of Korea grows along with improvement of economic state, the life insurance crime has now appeared as an increasing social issue. The studies on the life insurance crime in Korea have been barely done with the viewpoint of forensic medicine and science. An understanding of insurance crime cases may be fundamental to develop the system to uncover or prevent it. The authors examined the definition of life insurance crime and twelve cases of insurance money related death investigated by postmortem examination through autopsy file of WDO, NISI in Korea. This article analyzes twelve autopsy cases related with insurance money, even though some cases have no proven investigative evidence or court ruling. A feature found in the cases is that it has the tendency of occurring among family members. Other characteristic is that automobiles are exploited with elaborately planned crime plots. To achieve an efficient prevention method for cutting down these insurance crimes, active government's engagement, assiduous operation of investigation authorities, insurance company's co-effort, and good information exchange system should be worked cooperatively.