A Comprehensive Study on the Performance of LIC of India Using the Caramel Model

https://doi.org/10.55529/jcfmbs.21.14.17

Authors

  • Dr. B. Sandhya Rani Assistant Professor of Commerce, Department of Commerce, Osmania University, Hyderabad, Telangana, India.
  • Dr. S. Ramesh Assistant Professor of Commerce, Sr & Bgnr Government Arts & Science College (A): Khammam, Telangana, India.

Keywords:

LIC, CARAMEL Model, Performance Evaluation, Solvency, Profitability, Efficiency.

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.

Published

2022-01-24

How to Cite

Dr. B. Sandhya Rani, & Dr. S. Ramesh. (2022). A Comprehensive Study on the Performance of LIC of India Using the Caramel Model. Journal of Corporate Finance Management and Banking System , 2(01), 14–17. https://doi.org/10.55529/jcfmbs.21.14.17

Issue

Vol. 2 No. 01 (2022): Dec 2021-Jan 2022

Section

Articles
Copyright & Licensing

Copyright (c) 2022 Authors

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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