Performance Analysis Comparison of Life Insurance Company and Private Insurance Companies

Authors

  • Ajay Kumar Director, Department of Management Science, Tecnia Institute of Advanced Studies, Delhi, India Author
  • Geetika Assistant Professor, Department of Management Science, Tecnia Institute of Advanced Studies, Delhi, India Author
  • Chetna Kohli Assistant Professor, Department of Management Science, Tecnia Institute of Advanced Studies, Delhi, India Author

Keywords:

Financial, Insurance Sector, LIC, Private Companies, Service Quality

Abstract

In India, the banking and insurance industries have a substantial  impact on the inflow of capital and investments. In India, an  insurance industry is amongst the most quickly growing  economy in the world. India's liberalization movement has had  an influence on the insurance business, as well as others elements of marketing and financial infrastructure. The  customer is king in the market. The emphasis of life insurancescompanies is on intangible things. With the arrival of private  players, the competition is heating up. To attract consumers and  meet their needs, every company seeks to use new inventions  and innovative product attributes. The main objective of this  research performance analysis comparison of Life Insurance  Company and private Insurance Companies. The insurance  business in India is critical to the country's economic wellbeing. It improves individual savings chances, safeguards their  future, and aids the insurances sectors in establishing a big pool  of the assets. 

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Published

2021-11-30

Issue

Vol. 8 No. 6 (2021): International Journal of Innovative Research in Engineering & Management (Nov) 2021

Section

Articles

How to Cite

Performance Analysis Comparison of Life Insurance Company and Private Insurance Companies . (2021). International Journal of Innovative Research in Engineering & Management, 8(6), 1002–1006. Retrieved from https://acspublisher.com/journals/index.php/ijirem/article/view/12018