Investment portfolios of LICI and some private life insurers

The idea of the present research work on 'Investment Portfolio of Life Insurance

Corporation of India (LICI) and Select Private Life Insurance Companies' has been

developed out of the lively discussion with my respected research mentor, Professor

(Dr.) Siddhartha Sankar Saha, Professor of Commerce, Department of Commerce,

University of Calcutta, Kolkata, India. Development of the life insurance industry,

which is an important part of the financial system, accelerates capital accumulation

and leads the domestic savings into sector-wise investment in Indian economy. In

fact, life insurance companies in India are very important financial institutions for

mobilization of the savings of people in different investment sectors of the economy

and play a significant role to mobilize funds from surplus sectors to deficit sectors

for the productive purposes. At present, one public and twenty three private life

insurance companies are operating in India. The IRDA regulates the life insurance

companies and their investment portfolio. In this backdrop, this is significant to

analyse the investment portfolio of public and select private life insurance in India.