Dr. S. Ramesh
Assistant Professor of Commerce, Sr & Bgnr Government Arts & Science College (A): Khammam, Telangana, India.

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A Comprehensive Study on the Performance of LIC of India Using the Caramel Model Dr. B. Sandhya Rani; Dr. S. Ramesh
Journal of Corporate Finance Management and Banking System ( JCFMBS) ISSN : 2799-1059 Vol. 2 No. 01 (2022): Dec 2021-Jan 2022
Publisher : HM Journals

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55529/jcfmbs.21.14.17

Abstract

This research presents a comprehensive analysis of the performance of Life Insurance Corporation of India (LIC) using the CARAMEL model, which assesses key dimensions of an insurance company’s performance. The study reviews LIC’s financial data, market share, and customer feedback to evaluate its solvency, profitability, efficiency, and customer satisfaction. The literature review explores prior research on LIC’s performance evaluation and relevant performance models. The findings provide valuable insights into LIC’s strengths, weaknesses, opportunities, and challenges, and offer recommendations for enhancing its overall performance.