Open AccessTHE GROSS DIRECT PREMIUM INCOME UNDER GENERAL AND HEALTH INSURANCE: A SEGMENT – WISE ANALYSIS OF INDIAN PUBLIC SECTOR INSURERS
Author(s) -
Tulilekha Sil,
Akash Balmiki
Publication year - 2021
Publication title -
epra international journal of multidisciplinary research
Language(s) - English
Resource type - Journals
ISSN - 2455-3662
DOI - 10.36713/epra9189
Subject(s) - general insurance , life insurance , income protection insurance , business , corporation , insurance policy , actuarial science , public sector , key person insurance , business interruption insurance , casualty insurance , property insurance , finance , economics , economy
Insurance business is broadly classified under the two heads – Life Insurance and General Insurance. Life Insurance Corporation of India (LICI) and General Insurance Corporation of India (GICI) are the key players in the public sector. The Indian insurance market consists of many private players as well. The gross direct premium has been the income sources for the insurance business. This study shall highlight the gross direct premium income specifically under the General and Health insurance business of the Indian public sector insurers.