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Investment Pattern of LICI and Select Private Lics in the Post-Reforms Era in India

Investment Pattern of LICI and Select Private Lics in the Post-Reforms Era in India

Hardcover

Business GeneralEconomics

ISBN10: 9811927987
ISBN13: 9789811927980
Publisher: Palgrave MacMillan
Published: Jul 22 2022
Pages: 185
Weight: 0.88
Height: 0.50 Width: 5.83 Depth: 8.27
Language: English
The book examines the trends of premium collection and investment portfolio of LICI and selected private life insurers in India in order to compare their performances. Life insurance organizations in India are significant financial institutions in the Indian financial system and play a major role in mobilizing insurance premium from the household sectors and investing it in the financial markets for productive purposes. The book aims to assist life insurance companies in evaluating their performance in terms of their premium mobilization and investment in Government and other approved securities, infrastructure securities, securities approved by the Insurance Regulatory and Development Authority of India (IRDAI) and other than approved securities as per the provision of IRDA (Investment) (Fifth Amendment) Regulation, 2013. Against this backdrop, the theme of the book is particularly relevant because life insurance companies play a vital role in channelizing small savings into productive sector investment to promote economic development of the nation.

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