{"id":10656,"date":"2025-01-12T06:58:57","date_gmt":"2025-01-12T06:58:57","guid":{"rendered":"https:\/\/icertpublication.com\/?page_id=10656"},"modified":"2025-01-22T12:18:30","modified_gmt":"2025-01-22T12:18:30","slug":"an-analysis-of-selected-indian-insurance-companies-in-comparison-based-on-financial-performance","status":"publish","type":"page","link":"https:\/\/icertpublication.com\/index.php\/shodh-sari-2\/sodh-sari-vol-4-issue-1\/an-analysis-of-selected-indian-insurance-companies-in-comparison-based-on-financial-performance\/","title":{"rendered":"An Analysis of Selected Indian Insurance Companies in Comparison Based on Financial Performance"},"content":{"rendered":"\t\t
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An Analysis of Selected Indian Insurance Companies in Comparison Based on Financial Performance<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Khanna, Puneet<\/span>1<\/span><\/span> and Kumar, Manoj<\/span>2<\/span><\/span><\/p>

1<\/span><\/span>Research Scholar, Department of Business Management and Commerce, Desh Bhagat University, Mandi Gobindgarh, Punjab.<\/span><\/p>

2<\/span><\/span>Assistant Professor, Department of Business Management and Commerce, Desh Bhagat University, Mandi Gobindgarh, Punjab.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Abstract<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In the study India\u2019s top Life Insurance Companies have been selected on the basis of popularity and variety of products. A thorough examination of financial statement analysis is necessary to determine whether a stock is worthy of investment. Five financial years, spanning from 2018\u201319 to 2022\u20132023 have been considered. The research aims to evaluate the financial results of a subset of Indian insurance firms, analyze their overall performance, and provide a ranking to these businesses based on their overall performance. This study’s primary goal is to support decision-making for policyholders and investors. The suggested study combines empirical and explanatory research methods. The required data inputs for the study project were taken from the insurance firms’ publicly available quarterly, half-yearly, and annual reports, which include both statutory and non-statutory disclosures.<\/span><\/p>

Keywords: <\/span>Financial Analysis, Independent Auditor\u2019s Report, Annual Report, Financial Ratios, Premium, Total Incomes,\u00a0 Profitability, Solvency, Earnings, Net Worth and Claim Settlement.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Impact statement<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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After taking into consideration all the important financial parameters, it has been observed that Life Insurance Corporation of India is doing the best among the selected sample. A growth has been observed in the SBI Life Insurance Company (2nd Ranked), Bajaj Allianz Life Insurance Company (3rd Ranked) and HDFC Life Insurance Company (4th Ranked) are performing well in their field. Thus, it can be suggested that, in order to maximize their long-term value, investors might place their hard-earned money in the shares of these insurance businesses. Additionally, it can be emphasized that people should not be hesitant to get insurance from these firms<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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About The Author<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Mr. Puneet Khanna<\/b> is a Research Scholar in the Department of Business Management and Commerce at Desh Bhagat University, Mandi Gobindgarh, Punjab. He is dedicated to advancing knowledge in the field of business management and commerce through his academic pursuits and research contributions.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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References<\/h6>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u00a0<\/p>

  1. Aditya Birla sun life insurance. <\/span>https:\/\/lifeinsurance.adityabirlacapital.com\/about-us\/public-disclosure<\/span><\/p><\/li>

  2. Bajaj Allianz life insurance company. <\/span>https:\/\/www.bajajallianz.com\/about-us\/financial-information.html<\/span><\/p><\/li>

  3. Canara HSBC OBC life insurance company. <\/span>https:\/\/www.canarahsbclife.com\/public-disclosures<\/span><\/a><\/p><\/li>

  4. Shaikhsipai, M., & Lakhani, B. A. (2024). COHORT ANALYSIS OF SAVINGS AND INVESTMENT STRATEGIES AMONG WORKING WOMEN IN AHMEDABAD CITY. <\/span>Shodh Sari-An International Multidisciplinary Journal<\/span>, <\/span>03<\/span>(01), 134\u2013148. https:\/\/doi.org\/10.59231\/sari7661<\/span><\/p><\/li>

  5. HDFC Life Insurance Company. <\/span>https:\/\/www.hdfclife.com\/about-us\/public-disclosure<\/span><\/p><\/li>

  6. ICICI prudential life insurance company. <\/span>https:\/\/www.iciciprulife.com\/aboutus\/inestor-relations\/yearly-public-disclosures.html<\/span><\/p><\/li>

  7. Life Insurance Corporation (LIC) India Company. <\/span>https:\/\/licindia.in\/public-disclosure<\/span><\/p><\/li>

  8. Max Life Insurance Company. <\/span>https:\/\/www.maxlifeinsurance.com\/newsroom\/public-disclosures<\/span><\/p><\/li>

  9. PNB MetLife India insurance company. <\/span>https:\/\/www.pnbmetlife.com\/investor-relations\/public-disclosures\/financial_disclosure\/2022-2023.html<\/span><\/p><\/li>

  10. SBI Life Insurance Company. <\/span>https:\/\/www.sbilife.co.in\/en\/about-us\/investor-relations\/annual-reports<\/span><\/p><\/li>

  11. Tata Aia Life Insurance Company. <\/span>https:\/\/www.tataaia.com\/about-us\/public-disclosure.html<\/span><\/a><\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    An Analysis of Selected Indian Insurance Companies in Comparison Based on Financial Performance Khanna, Puneet1 and Kumar, Manoj2 1Research Scholar, Department of Business Management and Commerce, Desh Bhagat University, Mandi Gobindgarh, Punjab. 2Assistant Professor, Department of Business Management and Commerce, Desh Bhagat University, Mandi Gobindgarh, Punjab. Abstract In the study India\u2019s top Life Insurance Companies […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":10106,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-10656","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/pages\/10656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/comments?post=10656"}],"version-history":[{"count":16,"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/pages\/10656\/revisions"}],"predecessor-version":[{"id":11234,"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/pages\/10656\/revisions\/11234"}],"up":[{"embeddable":true,"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/pages\/10106"}],"wp:attachment":[{"href":"https:\/\/icertpublication.com\/index.php\/wp-json\/wp\/v2\/media?parent=10656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}