Page 27 - Insurance Times April 2022

SOME IMPORTANT

DIMENSIONS OF

INVESTMENTS BY

INDIAN NON-LIFE

INSURERS

Abstract the results of its competitive strengths, efficient working,
satisfied customer base and intelligent pricing. Apart from
Non-life Insurance is a financial service, which in the
process of offering protection to the assets and incomes operational revenues, role of an additional revenue stream
of the customers, generates and manages huge amount generated in a financial organisation from effective
of funds. The article highlights the importance of management of financial resources at its disposal can hardly
effective and efficient management of these funds. It be ignored.
also analyses and presents some distinguishing features
of these funds and the income generated there from. In fact the predominance of the financial resources in its
In the later part it brings out the differing practices as working, clearly distinguishes a financial organisation from
reflected in the accounting policies of the Indian other organisations. Such revenue stream plays a crucial role
insurers and attempts to argue for uniformity in the in absorbing and smoothening the working from the
practices followed by insurers. volatilities of operational revenues which are quite natural
in an uncertain competitive economic environment.
A. Introduction
Therefore right policies designed to manage such financial
Sustained success of an organisation can only be a result of
resources play a crucial role in the continued success of an
constant stream of operational revenues which in turn are
organisation. While such additional revenue stream has
helped the organisation to sail smoothly during periods of
About the author rough weather, at times it is observed that it has

S H Gejji camaflouged the operational inefficiency and blurred the
Post Graduate in Commerce. - M.com management's vision leading to adverse consequences.
Degree in Law. - LLB(General)
Fellow of Insurance Institute of India. - FIII The narrative described in the preceding para, aptly fits the

The Insurance Times, April 2022 27