Insurance is a co-operative device to share the burden of risk, such as the death of head of family or on happening of marine perils or loss of fire. Over the last few years, Indian General Insurance has witnessed tremendous growth due to the opening of insurance market for the private companies, quick settlement insurance claims, launch of innovative general insurance products, increase in insurance premium, discounts in insurance products. The purpose of this paper is to analysis the financial performance of the private general insurance companies under study.

KEYWORDS: Insurance, General Insurance Companies, Risk, IRDA.