Till now you have interacted with life insurance companies as a customer, and so you needed to understand the different products they sold, embedded costs, performance record of the insurer and processes of making a claim. But last year, with ICICI Prudential Life Insurance Co. Ltd going public, followed by two other insurers this year namely SBI Life Insurance Co. Ltd in October and HDFC Standard Life Insurance Co. Ltd in November, you would also be interacting with the insurers as a shareholder. Listing brings greater disclosure and as an investor you will come across financial metrics unique to the life insurance industry. We explain five such key financial parameters that you need to understand in order to analyse the value of a life insurance company.
