ABSTRACT

Capital is the life blood and nerve centre of any business organization. It is very important to maintain adequate level of capital for the smooth running of any business. A CARAMEL model analysis is the measurement to check the financial performance of insurance companies. The aim of the present study examines the financial performance of public sector non-life insurance companies by using CARAMEL model for five years. The study is based on secondary source and data has been obtained from annual reports published by IRDAI and selected four companies for the period from financial year 2014-15 to 2018-19. The result of ratio analysis shows that all the four selected companies are focusing more on asset base rather than equity base. Keywords: Non-Life Insurance Companies, CARAMEL Model, Ratios, Financial Performance
Publication date: 01/12/2021

https://ijbpas.com/pdf/2021/December/MS_IJBPAS_2021_DEC_SPCL_2002.pdf

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https://doi.org/10.31032/IJBPAS/2021/10.12.2002