A Review paper on financial performance analysis of insurance companies in India

Abstract

The company's implementation contributes significantly to the expansion of the industry, which in turn leads to the economy's overall success. Various financial ratios have been created to assess it, considering the insurance players' liquidity, solvency, profitability, and leverage. In general, company and insurer profitability may be used to estimate performance. The research evaluates the influence of solvency, leverage, liquidity, scope, and impartiality capital on the productivity of life insurers in India in order to accomplish the target. Financial performance analysis looks at a company's total economic health during a time interval. It is the method of determining a company's financial assets and limitations by effectively establishing the link among profit and loss account and balance sheet elements. It gives a clear framework for assessing and comprehending the company's situation. Several insurance firms' Altman Z scores are compared in the simulation, and their performance is described based on the findings.