scholarly journals PORTFOLIO MANAGEMENT IN LIC- AN EMPIRICAL STUDY OF DHARWAD REGION

Author(s):  
Jyoti.M.Goudar ◽  
Prof.S.S.Hugar

LIC of India is the leading insurance company in India. Life insurance is designed to protect life and to protect family against financial uncertainties that may result due to unfortunate demise or illness. It can also view as a comprehensive financial instrument, as a part of the financial planning offering savings & investment facilities along with cover against financial loss. By choosing the right policy as per the needs. We all have different financial needs and objectives. But life insurance plays a fundamental role in most of our plans for financial security. That's because of the variety of life insurance plans available and the many ways they can be customized to meet unique needs at different periods of our life. The present study is concerned with investment portfolio of life Insurance Company during the period 2017-20. The gist of this paper is to examine and explain different investment portfolio of the life insurance company. Moreover to find out how they follow the prevailing norms of investment guideline and to signify the deviation from investment norms. Therefore, it becomes relevant to discuss investment portfolio at the outset with the help of csome statistical test i.e. Chi-Square, percent, trend etc. KEY WORDS: Portfolio analysis, Life insurance, Investment guidelines, Customers.

2018 ◽  
Vol 7 (4.5) ◽  
pp. 159
Author(s):  
Vaibhav A. Hiwase ◽  
Dr. Avinash J Agrawa

The growth of life insurance has been mainly depending on the risk of insured people. These risks are unevenly distributed among the people which can be captured from different characteristics and lifestyle. These unknown distribution needs to be analyzed from        historical data and use for underwriting and policy-making in life insurance industry. Traditionally risk is calculated from selected     features known as risk factors but today it becomes important to know these risk factors in high dimensional feature space. Clustering in high dimensional feature is a challenging task mainly because of the curse of dimensionality and noisy features. Hence the use of data mining and machine learning techniques should experiment to see some interesting pattern and behaviour. This will help life insurance company to protect from financial loss to the insured person and company as well. This paper focuses on analyzing hidden correlation among features and use it for risk calculation of an individual customer.  


Author(s):  
Robert E. Weems

This chapter examines how Anthony Overton dramatically diversified his financial interests during the 1920s. In 1922, Anthony Overton assumed the presidency of Chicago’s Douglass National Bank (the second black-owned bank to receive a national charter). Two years later, Overton started the Chicago-based Victory Life Insurance Company. In 1927, Victory Life became the only black-owned insurance company granted the right to conduct business in New York State. Following this business coup, Overton, in some circles, became regarded as “the merchant prince of his race.” To further enhance his growing status as a business magnate during the 1920s, Overton built two major commercial structures in the heart of black Chicago’s commercial district (the Overton Building and the Chicago Bee Building).


PMLA ◽  
1935 ◽  
Vol 50 (4) ◽  
pp. 1357-1357

On Tuesday evening the members of the Association, and attending members of their families, were entertained with a buffet supper at the Queen City Club at 7:30 p.m. at the invitation of Messrs. Joseph S. Graydon, John J. Rowe, and other Cincinnati friends of the Association. Following this supper an entertainment arranged by the Local Committee was presented in the Hall of the Western and Southern Life Insurance Company. Attendance: about 900.


Think India ◽  
2019 ◽  
Vol 22 (3) ◽  
pp. 348-354
Author(s):  
T. Krishna Veni ◽  
G. Kalyani

The job of Human Resources is changing as quick as innovation and the worldwide commercial center. Generally, the HR Department was seen as organization, kept individual documents and different records, dealt with the enlisting procedure, and gave other authoritative help to the business. Those circumstances are different. The positive consequence of these progressions is that HR experts have the chance to assume a progressively vital job in the business. The test for HR chiefs is to stay up with the latest with the most recent HR developments—mechanical, lawful, and something else.


Author(s):  
Joy Chakraborty ◽  
Partha Pratim Sengupta

In the pre-reform era, Life Insurance Corporation of India (LICI) dominated the Indian life insurance market with a market share close to 100 percent. But the situation drastically changed since the enactment of the IRDA Act in 1999. At the end of the FY 2012-13, the market share of LICI stood at around 73 percent with the number of players having risen to 24 in the countrys life insurance sector. One of the reasons for such a decline in the market share of LICI during the post-reform period could be attributed to the increasing competition prevailing in the countrys life insurance sector. At the same time, the liberalization of the life insurance sector for private participation has eventually raised issues about ensuring sound financial performance and solvency of the life insurance companies besides protection of the interest of policyholders. The present study is an attempt to evaluate and compare the financial performances, solvency, and the market concentration of the four leading life insurers in India namely the Life Insurance Corporation of India (LICI), ICICI Prudential Life Insurance Company Limited (ICICI PruLife), HDFC Standard Life Insurance Company Limited (HDFC Standard), and SBI Life Insurance Company Limited (SBI Life), over a span of five successive FYs 2008-09 to 2012-13. In this regard, the CARAMELS model has been used to evaluate the performances of the selected life insurers, based on the Financial Soundness Indicators (FSIs) as published by IMF. In addition to this, the Solvency and the Market Concentration Analyses were also presented for the selected life insurers for the given period. The present study revealed the preexisting dominance of LICI even after 15 years since the privatization of the countrys life insurance sector.


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