International Research Journal of Commerce , Arts and Science

 ( Online- ISSN 2319 - 9202 )     New DOI : 10.32804/CASIRJ

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A COMPARATIVE ANALYSIS OF SOLVENCY POSITION OF BAJAJ ALLIANZ GENERAL INSURANCE CO.LTD AND ICICI LOMBARD GENERAL INSURANCE CO. LTD

    1 Author(s):  MS RICHA BHATIA

Vol -  8, Issue- 9 ,         Page(s) : 203 - 212  (2017 ) DOI : https://doi.org/10.32804/CASIRJ

Abstract

Since inception the Indian Insurance industry passed through many hurdles and hindrances in order to attain the present status. However, the income earning capacity, eagerness and awareness of the general public are the key determinants of the growth of any insurance industry. In the Indian context, the insurance habits among the general public during the independence decade was rare but there was a remarkable improvement in the Indian insurance industry soon after the economic reform era (1991) due to healthy competition from many national as well as private insurance players.

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