“Financial Impact of Natural Calamities on Life Insurance Companies”
Journal Title: International Journal of Business and Management Invention - Year 2019, Vol 8, Issue 1
Abstract
People, individuals and organizations, are risk-prone. There are three main ways to tackle risks. The 3 ways of dealing with risks are: Eliminate, Transfer, Exploit. Purchase of an insurance is an example of Transfer of risk. In this research paper researcher is mainly concentrating on the financial impact of natural calamity on Life Insurance Company. Quarter on quarter analysis has been used to compare and analyse the selected data. The company selected is listed under NSE. The assumption in this research paper is that the victims have held life insurance policies and claims have been raised by the heirs or nominees of those who lost their lives in natural disasters.
Authors and Affiliations
Ashwini S Patil, Thangjam Ravichandra
Keywords
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