A risk and return analysis of selected unit linked insurance plans of selected public and private sector insurance companies
One innovation, which stormed Indian life insurance market, was the introduction of the unit linked insurance plans (ULIPs). ULIPs impart the advantage of killing two birds with one stone as it contains insurance component which provides financial security to the family in case of death of the policy holder and its investment component delivers returns along with flexibility and transparency of the investment. In this paper, an attempt has been made to compare the performance of ULIPs of Indian life insurance companies after consideration of two major factors, i.e., risk and return. Statistical measures such as internal rate of return (XIRR) for irregular cash flows, beta, R-square have been used to evaluate the performance of ULIPs from different aspects. Return of ULIPs has been calculated by including and excluding charges as these charges affect the return of ULIPs substantially. The study is analytical and descriptive in nature.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 11 (2016)
Issue (Month): 1 ()
|Contact details of provider:|| Web page: http://www.inderscience.com/browse/index.php?journalID==310|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roman Inderst & Marco Ottaviani, 2009.
"Misselling through Agents,"
American Economic Review,
American Economic Association, vol. 99(3), pages 883-908, June.
- Inderst, Roman & Ottaviani, Marco, 2009. "Misselling through agents," IMFS Working Paper Series 36, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
- Krausz, Miriam & Paroush, Jacob, 2002. "Financial advising in the presence of conflict of interests," Journal of Economics and Business, Elsevier, vol. 54(1), pages 55-71. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:ids:ijecbr:v:11:y:2016:i:1:p:83-99. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Darren Simpson)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.