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Artigo | IMSEAR | ID: sea-220518

RESUMO

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.

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