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.