EconPapers    
Economics at your fingertips  
 

Financial Performance Analysis of General Insurers in India

Mahesh Chand Garg and Deepti

Management and Labour Studies, 2008, vol. 33, issue 3, 432-451

Abstract: The present study conducts a comparative evaluation on the financial performance of general insurers in India based on the ratios analysis. The current research tries to figure out the statistical significance level of similarity between an insurer and the best performing insurer in its group for each ratio and also between public and private insurers using the t-test. However, since the t-test assumes normality in the sample sets under test, all those ratios which do not satisfy the normality assumption are analyzed using Mann-Whitney U test. Normality has been checked using Kolgomorov-Smirnov test adjusted to Lilliefors corrections and Shapiro-Wilks test. The study includes four public sector and four private sector insurers. All the ratios considered cover the data for the period 1994–95 to 2005–06 for public insurers and post-liberalization period 2001–02 to 2005–06 for private insurers.

Date: 2008
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/0258042X0803300308 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:manlab:v:33:y:2008:i:3:p:432-451

DOI: 10.1177/0258042X0803300308

Access Statistics for this article

More articles in Management and Labour Studies from XLRI Jamshedpur, School of Business Management & Human Resources
Bibliographic data for series maintained by SAGE Publications ().

 
Page updated 2025-03-19
Handle: RePEc:sae:manlab:v:33:y:2008:i:3:p:432-451