An Enquiry into the Impact of Financial Crisis on Investment Pattern of Life Insurance Corporation of India | Original Article
The present empirical study makes an in-depth analysis of the investment of Life Insurance Corporation of India (LICI), the insurance behemoth in India. The analysis is made on the basis of fourteen years’ data from 2003 to 2016. The study includes an analysis of the investment across sectors namely public, private, joint and cooperative and into different instruments (stock exchange securities and others) by not only looking into the year-on-year growth but also growth during the period. Furthermore, the exploratory study looks into structural break, if any with regard to investment between the pre-financial crisis and post-crisis period. The investigation also aims to find out the relationship between investment in stock exchange securities and capital market movement.