PROFITABILITY DYNAMICS: A PANEL ANALYSIS OF FINANCIAL METRICS AMONG SELECT PUBLIC AND PRIVATE HEALTH INSURANCE COMPANIES IN INDIA

  • MAKKELLA SIVA KRISHNA B. R. Ambedkar Open University, Hyderabad.
  • PROF. I. ANAND PAWAR B.R. Ambedkar Open University, Hyderabad.
Keywords: Health Insurance Companies, Panel Regression, Financial Performance

Abstract

The study examines the relationship between select financial metrics and profitability in public and private health insurance companies in India, focusing on key players such as United India Insurance Co. Ltd, New India Assurance Co. Ltd, and The Oriental Insurance Co. Ltd in the public sector, alongside Niva Bupa Health Insurance, Manipal Cigna Health Insurance, and Star Health and Allied Insurance in the private sector. Utilizing a panel data approach, the analysis assesses how various financial metrics specifically the Net Earnings Ratio, Net Premium Capital, Equity Total Assets, Net Premium/Gross Premium, Net Technical Reserves, Operational Expenses/Gross Premium, Combined Ratio, Investment Income/Net Premium, and Liquidity affect profitability. The findings reveal strong negative correlations between the Combined Ratio and Net Earnings Ratio, as well as Operational Expenses relative to Gross Premium, indicating that managing operational efficiency is vital for enhancing profitability. Conversely, the Net Premium to Gross Premium ratio demonstrates a strong positive impact on profitability. The study highlights the importance of strategic financial management in optimizing profitability within the health insurance sector.

Author Biographies

MAKKELLA SIVA KRISHNA, B. R. Ambedkar Open University, Hyderabad.
  1. Research Scholar, Dept. Of Commerce, 
PROF. I. ANAND PAWAR, B.R. Ambedkar Open University, Hyderabad.
  1. Research Supervisor, Dept. Of Commerce, 

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Published
2025-03-30
How to Cite
KRISHNA, M. S., & PAWAR, P. I. A. (2025). PROFITABILITY DYNAMICS: A PANEL ANALYSIS OF FINANCIAL METRICS AMONG SELECT PUBLIC AND PRIVATE HEALTH INSURANCE COMPANIES IN INDIA. IJO -International Journal of Business Management ( E:ISSN 2811-2504 ) (P.ISSN: 2384-5961), 8(03), 55-80. Retrieved from https://ijojournals.com/index.php/bm/article/view/1067
Issue
Vol 8 No 03 (2025): IJO -INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT ( ISSN 2811-2504 )
Section
Articles

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