Page 35 - Life Insurance Today July - December 2020
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on life insurance and non-life insurance. Another attempt has been taken to analysis the year wise growth by using two
variables and growth rate is calculated to find out the performance of this insurance industry. Growth percentage is negative
in most of the years which is not acceptable from the view point of industry and economy as well as prospective investors.
This growth is represented by using line graph in figure 3 and figure 4 for density and penetration respectively.
Figure: 3 Graphical Representationsof Growth Percentagesof Density (in Percentage)
Source: Computation by the researchers with the help of Annual Report of IRDA, 2018-19
Figure: 4 Graphical Representations of Growth Percentages of Penetration
(in Percentage)
Source: Computation by the researchers with the help of Annual Report of IRDA, 2018-19.
"God loves you so much!" the master said. "How do I know? He gives you enough sense to take your wife's advice."
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