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This book presents high-quality, peer-reviewed papers from the Third International Conference on Advanced Computational and Communication Paradigms (ICACCP 2021), organized by Department of Computer Science and Engineering (CSE), Sikkim Manipal Institute of Technology (SMIT), Sikkim, India during 22 - 24 March 2021. ICACCP 2021 covers an advanced computational paradigms and communications technique which provides failsafe and robust solutions to the emerging problems faced by mankind. Technologists, scientists, industry professionals and research scholars from regional, national and international levels are invited to present their original unpublished work in this conference.
The insurance scenario in general and the life insurance in particular has undergone a massive change after liberalization with the entry of private sector insurers. Naturally, an interest has been created to know how the insurers are faring in the post-liberalized environment, particularly the erst-while monopoly public sector company. The study focuses on the financial performance analysis of the insurers in India. The analysis is based on (i) financial parameters under the CARAMELS framework, and(ii) Data Envelopment Analysis (two input-two output model)followed by Spearman's rank correlation and t-Test.The results of the analyses show that the sole public sector behemoth, namely LIC, outperformed all the private insurers. The correlation study between the ranks obtained from the two analyses points to a significantly high level of relationship. A trend analysis is also made on important revenue and cost variables of public and private insurers. Application of mean difference test on those variables points to a significant difference between the two sectors. We hope that the book will be immensely useful to policy makers, insurers, regulators, researchers, and students.
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