Volume : IV, Issue : X, October - 2015

Public and Private Life Insurance Companies in India: A Comparative Analysis

Dr. Kritika

Abstract :

Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for money. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. An insurer, or insurance carrier, is selling the insurance; the insured, or policyholder, is the person or entity buying the insurance policy. The amount of money to be charged for a certain amount of insurance coverage is called the premium. Risk management, the practice of appraising and controlling risk, has evolved as a discrete field of study and practice. Insurance is a technique which distributes the risk of one person among many. The study compares the performance of public and private companies belonging to insurance sector as the sample.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr. Kritika Public and Private Life Insurance Companies in India: A Comparative Analysis International Journal of Scientific Research, Vol : 4, Issue : 10 October 2015

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