International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 2 March-April 2024 Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

Capital Adequacy and Earnings and Profitability Analysis of Life Insurance Companies: (A Comparative Study of ICICI Prudential and SBI Life Insurance)

Author(s) Vikas Sharma
Country India
Abstract Insurance is seen as a dependable instrument for mobilizing public funds and has been playing a significant role in both developed and developing countries. The insurance industry in India has experienced a lot of transformations, including nationalization, privatization, deregulation, regulation, and globalization. Numerous private firms with the backing of foreign investors have been able to enter the market as a result of liberalization. A fierce rivalry between private and public sector firms, as well as among private sector competitors, has defined the Indian life insurance market since 2000. In light of this, the purpose of this study is to use metrics from the CARAMEL framework to investigate the capital adequacy
profitability and earnings performance of ICICI Life and SBI Life from 2017–18 to 2021-22. A t-test is used to analyze the data further, and the findings show that there is no considerable difference in the financial results of particular insurers.
Keywords ICICI Life, SBI Life, CARAMEL framework, Mean, SD, t-test
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-03-20
Cite This Capital Adequacy and Earnings and Profitability Analysis of Life Insurance Companies: (A Comparative Study of ICICI Prudential and SBI Life Insurance) - Vikas Sharma - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.15177
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.15177
Short DOI https://doi.org/gtnkbg

Share this