Vol. 6, Issue 6, Part A (2020)

Abstract
The Insurance is the risk protection factor which provides coverage for life component and non-life component. Generally life component is under the Life Insurance and non-life components include General Insurance. Generally CARAMEL Analysis is used to analyse companies working under Insurance sector. For the present study only one factor of CARAMEL has been taken as an analytical tool which is Capital Adequacy. The present study covers the period of 10 years for making the conclusion for the hypothesis testing. Here T-test has been applied for hypothesis testing. This study compares the capital adequacy between the selected samples of public sector general insurance companies and private sector general insurance companies.