An Enquiry Into the Impact of Financial Crisis on Investment Pattern of Life Insurance Corporation of India

Abstract

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 to2016. The study includes an analysis of the investment across sectors namely public, private, joint and cooperativeand into different instruments (stock exchange securities and others) by not only looking into the year-on-yeargrowth but also growth during the period. Furthermore, the exploratory study looks into structural break, if anywith regard to investment between the pre-financial crisis and post-crisis period. The investigation also aims to findout the relationship between investment in stock exchange securities and capital market movement.