Assessing general insurance companies

A general insurer safeguards the insured from any uncertainties that arise due to an unforeseen event, such as health problem, accidents and natural calamities. ICICI Lombard and New India Assurance are two general insurers that listed on the Indian exchanges in 2017. The business model Unlike life insurers, general insurers do not make money from the net difference between the premiums received and claims paid as in most cases claims are higher than what they receive as premiums. They are highly dependent on investment income generated in the form of dividends, interest, etc. Key metrics Key metrics used in the general-insurance indu