Impact of Liquidity, Tangibility and Size of a firm on the Life Insurance Companies Profitability in India

Ankit  Shahi; Meenakshi  Agnihotri

doi:10.55544/sjmars.1.1.2

Authors

Ankit Shahi Department of Management, Christ Universit, INDIA.
Meenakshi Agnihotri Department of Management, Christ Universit, INDIA.

DOI:

https://doi.org/10.55544/sjmars.1.1.2

Keywords:

Determinants, insurance companies, financial statement, risk management, capital structure, profitability

Abstract

The study aimed at investigating the elements that influence life insurance companies’ profitability in India. Insurance company financial statements for the year 2021 were obtained from 10 life insurance companies in India. SPSS was utilized in analysing the data and evaluating the regression model. The findings of the analysis indicated that the combined independent variables in the study had a significant effect on the life insurance companies’ profitability in India as the regression model used in the study was significant at 0.5 confidence level. Liquidity, Tangibility and the size of insurance company are important aspects hence the Managers should place important management techniques in order to sustain the life insurance companies’ profitability.

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