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Verma, Neha
- Appraising the Performance of Indian Reinsurer
Abstract Views :195 |
PDF Views:81
Authors
Affiliations
1 University Business School, Guru Nanak Dev University, Punjab, IN
1 University Business School, Guru Nanak Dev University, Punjab, IN
Source
SAMVAD: International Journal of Management, Vol 13 (2017), Pagination: 46-50Abstract
Indian insurance sector encompasses about 54 primary insurers and a single specialist public reinsurance company i.e., GIC Re. GIC Re has a very prominent status in the Indian insurance market. As a reinsurance company it insures insurance companies. Reinsurance is one of the most important tools in the hands of insurers to transfer the risk that is beyond their financial boundaries. General insurers in India are obliged to cede 5 percent of their business to GIC Re. With the historical changes undergoing in the Indian reinsurance market coupled with the undying importance of reinsurance for the insurance sector and the economy as a whole, the need is felt to appraise the performance of GIC Re-The Indian Reinsurer. For this, various ratios selected meticulously from the well accepted CARAMELS model have been employed on the secondary data obtained from the annual reports of GIC Re from 2006-07 to 2015-16. It was discovered that the company has performed quite well in the past, however improvement in its combined ratio and liquidity would be appreciated.Keywords
CARAMELS Model, GIC Re, Reinsurance.Full Text
References
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- Investonomy – The Stock Market Guide That Makes You Rich
Abstract Views :154 |
PDF Views:128
Authors
Affiliations
1 Chitkara Business School, Chitkara University, Rajpura - 140401, Punjab, IN
1 Chitkara Business School, Chitkara University, Rajpura - 140401, Punjab, IN
Source
SAMVAD: International Journal of Management, Vol 25, No 0 (2022), Pagination: 71-73Abstract
No Abstract.
Keywords
No KeywordsFull Text
References
- Kamra, P. (2022). Investonomy - The Stock Market Guide that makes you Rich. Penguin Books. ISBN 9780143455042.