Earnings and Profitability Analysis of Life Insurance Companies-Comparative Study of ICICI Prudential and SBI Life Insurance companies

摘要

Insurance habeen playing vital role in advanced and emerging nationand habeen recognized areliable tool fothe mobilization of publisavings. In India, the insurance sectohagone through variouphases, such aderegulation, regulation, nationalization, privatization and globalization. Liberalization hapaved the way fothe entry of many private playerthahave the supporof foreign partners. Since 2000, the Indian life insurance sectohabeen characterized by intense competition between the private and publisectoplayerand within the private sectoplayers. Againsthibackdrop, thistudy aimto examine the earningand profitability performance of ICICI Life and SBI Life during the period 2010-11 to 2017-18 by employing indicatorfrom the CARAMEL framework. Fofurtheanalysiof the data, t-tesiapplied, and the resultof the t-tesreveal thathere isignificandifference in the performance of selected insurers.