Performance of public sector insurance in Odisha

نویسندگان

چکیده

The rates, terms and conditions that the insurer could offer for their products were established by Tariff Advisory Committee (TAC), a statutory body created under Insurance Act 1938, major piece of insurance legislation in effect at time. premiums fixed same rate all companies, undifferentiated coverage was limited almost every line. increase witnessed miscellaneous marine segments while as fire segment, which is seen profitable business continued to remain strain public sector insurers seem lose grip on segment. Capital Adequacy viewed key indicator an insurer‘s financial soundness prudential standards recognize importance adequate capitalization with solvency focus area supervision. greater risk stability stems from underwriting either too great volume or volatile its capital base otherwise whose ultimate result difficult determine.

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ژورنال

عنوان ژورنال: International journal of research in marketing management and sales

سال: 2021

ISSN: ['2663-3329', '2663-3337']

DOI: https://doi.org/10.33545/26633329.2021.v3.i1a.65