Performance of Public and Private Life Insurance Companies in India: A Comparative Study

Abstract

India is one of the fastestgrowing economies of the world. It is now Asia’s third largest economy. The insurance industry has contributed in India’s growth story in recent years. The contour of insurance business have been changing across the glob and the rippling effect of the same can be observed in the Indian market as well as insurance industry is a growth oriented industry. In India too, the industry has started to reveal the potential after liberalization and privatization of the sector.