• Ranvijai Chaudhary

Insurance industry plays a vital role in the Indian market. Insurance is a mechanism to overcome uncertainty and risk. The concept of insurance has drawn the attention of practitioners, academicians as well as that of the common people. Insurance products are unsought products which people usually do not buy unless and until they are made aware of it. The development of the insurance regulatory and development authority (IRDA) Act in 1999 passed a clear signal to the end of the monopoly of some players in the insurance business. This study makes an attempt to measure the performance of NICL and ICICI Lombard Insurance company. These parameters capture the key operations of life insurers. Typically, the overall financial soundness and performance is a summation of the adequate risk management & the sound inbuilt control system, and effective & efficient business underwriting. From the result, it is clear that the earning and profitability ratio is the most important indicator of the performance.

NICL, ICICI, Performance Analysis;

"THE RESEARCH STUDY ON PERFORMANCE ANALYSIS OF NICL AND ICICI LOMBARD INSURANCE COMPANY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 8, page no.e804-e815, August-2021, Available :http://www.jetir.org/papers/JETIR2108589.pdf

"THE RESEARCH STUDY ON PERFORMANCE ANALYSIS OF NICL AND ICICI LOMBARD INSURANCE COMPANY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 8, page no. ppe804-e815, August-2021, Available at : http://www.jetir.org/papers/JETIR2108589.pdf