{"id":19015,"date":"2023-11-18T09:19:49","date_gmt":"2023-11-18T03:49:49","guid":{"rendered":"http:\/\/www.sachdevajk.in\/?p=19015"},"modified":"2023-11-18T09:19:49","modified_gmt":"2023-11-18T03:49:49","slug":"relationship-of-star-health-and-allied-insurance-co-ltd-with-nifty-fifty-to-calculate-beta","status":"publish","type":"post","link":"http:\/\/www.sachdevajk.in\/?p=19015","title":{"rendered":"Relationship of Star Health and Allied Insurance Co. Ltd with Nifty Fifty to calculate Beta"},"content":{"rendered":"<h1>Title-Relationship of Star Health and Allied Insurance Co. Ltd with Nifty Fifty to calculate Beta<\/h1>\n<h1>Author-Simran .A. Singh<\/h1>\n<h1>Introduction<\/h1>\n<h1>Star Health &amp; Allied Insurance Co. Ltd. is an Indian health insurance company headquartered in Chennai. They began their operations in 2006 as India&#8217;s first standalone Health Insurance provider. They offer innovative products in the health, personal accident and overseas &amp; domestic travel insurance. With meticulously crafted insurance policies,\u00a0Star Health addresses the unique health needs of people. Star Health places a huge emphasis on customer experience and service. They have 24&#215;7 multilingual call centre support and dedicated claims assistance.<\/h1>\n<h1>Objective-To calculate Beta of\u00a0 Star Health and Allied Insurance Co. Ltd and see its significance.<\/h1>\n<p>Literature Review<\/p>\n<h1>1.FINANCIAL PERFORMANCE ANALYSIS OF STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED IN INDIA<\/h1>\n<p>Insurance is a monetarist tool specifically designed to reduce the financial impact of unanticipated events and create financial security. The health insurance companies in India have rapidly become one of the most important sectors in the country that hovers around 10% in density. Financial performance\u00a0 analysis is the process of\u00a0 identifying the financial strengths\u00a0 and weaknesses\u00a0 of the\u00a0 company establishing\u00a0 the relationship\u00a0 between\u00a0 the items\u00a0 of\u00a0 balance sheet\u00a0 and\u00a0 profit and\u00a0 loss account.\u00a0 It is used\u00a0 to analyse whether an entity is stable, solvent, liquid, or profitable enough to\u00a0 permit a monetary investment. So, Star Health and Allied Insurance Company Ltd. financial ratio\u00a0 analysis has\u00a0 been taken\u00a0 to know\u00a0 its solvency,\u00a0 liquidity, profitability performance.\u00a0\u00a0 \u00a0This covid-19 pandemic provides both<\/p>\n<p>threats and opportunities to the company. Hence it is concluded, the<\/p>\n<p>success of the company highly depended on premium income, speedy settlement of claims, innovative products and services, attractive pricing and sales promotion.<\/p>\n<h1>2.Star Health Care Insurance Importance In The Global Market<\/h1>\n<h1>Star Health and Allied Insurance Co Ltd is an\u00a0 health insurance provider with its headquarters in Chennai. The organization offers direct services as well as through a variety of channels such as agents, brokers, and the internet for health, personal accident, and international travel insurance.Star Health is a leader in bancassurance and has a history of working with numerous banks. Currently, Star Health employs more than 12800 people throughout its 640 branch offices in India.<\/h1>\n<h1>Data Collection-The data for Nifty and Eqity of Star Health and Allied Insurance Co. Ltd has been downloaded from nseindia.com and finance.yahoo.com from 1<sup>st<\/sup> November ,2022 to 31<sup>st<\/sup> October ,2023.Data was manipulated to calculate the Friday Closing Price.<\/h1>\n<h1>Data Analysis<\/h1>\n<h1>Star Health and Allied Insurance Co. Ltd Share= \u00a054.344+0.88nifty<\/h1>\n<h1>\u00a0n= 47, R sqaure= 0.88, F= 36.274<\/h1>\n<h1>\u00a0The above equation shows the relationship of Star Health with nifty<\/h1>\n<h1>\u00a0\u00a0If nifty rises by 1 unit, Star Health will rise 0.88 unit<\/h1>\n<h1>t- stat for b is 19.04 and the p value is 0 indicates that the coefficient for nifty is statistically significant, meaning nifty does impact star health.<\/h1>\n<h1>\u00a0R sqaure is 0.88, meaning 88% of Star health share is explained by nifty meaning 12% depends upon other things like fundamental F= 36.274 and p value is less than 0.05 so the model is 5 % level.<\/h1>\n<h1>Conclusion:As beta is 0.88 is less than 1, so its good option for long term investment.<\/h1>\n<h1>References:<\/h1>\n<p>[1]Non-life Insurers\u201d, \u00a0UNNAYAN: International Bulletin of Management .<\/p>\n<p>[2] B.Sudha,\u00a0 \u201cReinsurance\u00a0 \u2013A\u00a0 mechanism\u00a0 in\u00a0 mitigating\u00a0 risk\u201d, \u00a0International\u00a0 Journal\u00a0 of \u00a0advance\u00a0 and \u00a0innovative .<\/p>\n<p>[3] B.Sudha, \u00a0\u201cInsurance \u00a0Penetration \u00a0and \u00a0Density\u00a0 in India\u201d, \u00a0Emerging \u00a0Trends \u00a0in \u00a0Indian\u00a0 Insurance \u00a0Sector.<\/p>\n<p>[4] M.\u00a0 Surya,\u00a0 B. \u00a0Sudha,\u00a0 T.\u00a0 Priyanka,\u00a0 \u201cFDI \u00a0in\u00a0 Indian\u00a0 Non -Life \u00a0Insurance\u00a0 Sector: \u00a0Boost\u00a0 Market \u00a0Potential\u201d,<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Title-Relationship of Star Health and Allied Insurance Co. Ltd with Nifty Fifty to calculate Beta Author-Simran .A. Singh Introduction Star Health &amp; Allied Insurance Co. Ltd. is an Indian health insurance company headquartered in Chennai. They began their operations in 2006 as India&#8217;s first standalone Health Insurance provider. They offer innovative products in the health,&hellip; <a class=\"more-link\" href=\"http:\/\/www.sachdevajk.in\/?p=19015\">Continue reading <span class=\"screen-reader-text\">Relationship of Star Health and Allied Insurance Co. Ltd with Nifty Fifty to calculate Beta<\/span><\/a><\/p>\n","protected":false},"author":138963,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[848],"class_list":["post-19015","post","type-post","status-publish","format-standard","hentry","category-management","tag-jdbims-mba","entry"],"_links":{"self":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/users\/138963"}],"replies":[{"embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19015"}],"version-history":[{"count":1,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19015\/revisions"}],"predecessor-version":[{"id":19016,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=\/wp\/v2\/posts\/19015\/revisions\/19016"}],"wp:attachment":[{"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19015"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.sachdevajk.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}