📄 Abstract
The study examines the financial soundness of The New India Assurance Co. Ltd. using a structured approach based on the CARAMEL framework, which encompasses Capital adequacy, Asset quality, Reinsurance and actuarial issues, Management soundness, Earnings and profitability, and Liquidity. Drawing on audited financial disclosures as of 31st March 2025, fifteen core financial indicators were analyzed to assess operational efficiency, financial resilience, and risk management. The results show strengths in premium retention, equity returns, and asset utilization, while highlighting concerns in combined ratios and liquidity positioning. The study contributes to insurer performance benchmarking and supports stakeholders in evaluating financial health based on regulatory-aligned metrics.
🏷️ Keywords
📚 How to Cite:
Dr. Jyothilinga V, Gautam B M , A STUDY ON FINANCIAL PERFORMANCE EVALUATION OF A PUBLIC SECTOR INSURER IN INDIA: A CARAMEL MODEL APPROACH , Volume 11 , Issue 6, june 2025, EPRA International Journal of Multidisciplinary Research (IJMR) ,