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Indian Journal of Finance

ISSN: 0973-8711 Frequency: Monthly Peer Review: Double-blind Published since: 2007 Language: English
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Original Article

Open Access Original Article

A Comparative Assessment of Indicators for Public Sector General Insurance Companies : An Indian Perspective

Subrat Sarangi1,  Brajaballav Kar2

1 Associate Professor, KIIT School of Management, Bhubaneswar - 751 024, Odisha

2 Associate Professor, KIIT School of Management, Bhubaneswar - 751 024, Odisha

Volume 12
Issue 3
Pages 30–42
Year 2018
Received: May 2, 2017 Accepted: Feb. 12, 2018 Published: March 1, 2018
Abstract

Academic research in the insurance sector is limited to the life insurance segment with non-life insurance being an under focus area. This paper addressed the void in literature by studying the general insurance sector by comparing the performance from an Indian perspective. The research was based on studying all the major companies operating in the general insurance sector in India focusing on the critical dimensions of premiums collected by the insurance companies, claims paid to the insured, and commissions paid to sales agents. As the Indian market is led by public sector companies, all the four major general insurance companies were researched, and a comparative assessment was made across two different geographic markets. The objective of the paper was not only to establish the linkages for firm performance across geographic markets, but also to identify a set of themes for future research to strengthen the body of literature on general insurance industry in India. The paper would have far reaching influence for general insurance practitioners too by providing the nuances of performance on relevant dimensions in the general insurance domain.

Keywords General Insurance Insurance Claims Insurance Premium Regression Analysis Sales Commissions G200 G220 G280 G400
How to Cite

Subrat Sarangi, Brajaballav Kar (2018). A Comparative Assessment of Indicators for Public Sector General Insurance Companies : An Indian Perspective. Indian Journal of Finance, 12(3), 30–42. https://doi.org/10.17010/ijf/2018/v12i3/121996

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