The Impact of Key Indicator of Financial performance analysis for selected insurance companies in India

Abstract

An analysis of a business's economic performance looks at its overall health during a particular time. This is the process for accurately establishing a connection between the accounting record and gain as well as loss account items in order to figure out a business's monetary abilities and shortcomings. The term "working capital management" describes the administrative accounting approach used by the business to track and make use of its present resources and current debts, which make up its financial resources, in order to ensure the best possible financially effective functioning of the business. The study was analyzed using the Altman Z Score model [1]. Five Indian life insurance businesses were chosen for the study, and working capital management for the ten years between 2011–2012 and 2020–21 was analyzed. This study makes use of secondary data. In this study secondary data is used and various ratios and statistical tool used for analysis.