Indian Journal of Finance

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Effectiveness of Risk Management of Credit Risks of Life Insurance Companies in the Private Sector in India


Affiliations
1 Research Scholar, K L University, Greenfields, Vaddeswaram, Guntur District - 522 502, Andhra Pradesh, India
2 Assistant Professor, KLUBS, K L University, Greenfields, Vaddeswaram, Guntur District - 522 502, Andhra Pradesh, India

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This article attempted to study the effectiveness of credit risk management of life insurance companies in the private sector in India and also the role played by the Indian insurance regulator (IRDAI) during the period under study by the public disclosures available. This was done by studying the following public disclosures of life insurance companies : (a) details regarding debt securities (investment assets rating profile), (b) details of non-performing assets, (c) statement of downgraded investments, and (d) loans given against life insurance policies.

Keywords

Life Insurance Companies, Policies and Regulation, Insurance Laws, Credit Risk Management, Insurance Regulatory and Development Authority of India (IRDAI)

G22, G24, G32

Paper Submission Date : February 27, 2017 ; Paper sent back for Revision : May 25, 2017 ; Paper Acceptance Date : July 25, 2017.

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  • Effectiveness of Risk Management of Credit Risks of Life Insurance Companies in the Private Sector in India

Abstract Views: 156  |  PDF Views: 0

Authors

B. R. Hariharan
Research Scholar, K L University, Greenfields, Vaddeswaram, Guntur District - 522 502, Andhra Pradesh, India
Vedala Naga Sailaja
Assistant Professor, KLUBS, K L University, Greenfields, Vaddeswaram, Guntur District - 522 502, Andhra Pradesh, India

Abstract


This article attempted to study the effectiveness of credit risk management of life insurance companies in the private sector in India and also the role played by the Indian insurance regulator (IRDAI) during the period under study by the public disclosures available. This was done by studying the following public disclosures of life insurance companies : (a) details regarding debt securities (investment assets rating profile), (b) details of non-performing assets, (c) statement of downgraded investments, and (d) loans given against life insurance policies.

Keywords


Life Insurance Companies, Policies and Regulation, Insurance Laws, Credit Risk Management, Insurance Regulatory and Development Authority of India (IRDAI)

G22, G24, G32

Paper Submission Date : February 27, 2017 ; Paper sent back for Revision : May 25, 2017 ; Paper Acceptance Date : July 25, 2017.




DOI: https://doi.org/10.17010/ijf%2F2017%2Fv11i8%2F117591