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Comparative Analysis of Life Insurance Corporation of India (LIC) and Private Life Insurance Companies

Jalpaben I. Thakkar & Dr. Manisha M. Barad

This research paper aims to compare market share, new business premium income, policies issues and benefits paid by Life Insurance Corporation of India and private life Insurance companies. All twenty four life insurance companies were selected for the study. Percentage, CAGR and T test was used for the analysis. The study concluded that LIC outpermformed than private life insurance companies in all four criteria.

Thakkar, J. I., & Barad, M. M. (2025). Comparative Analysis of Life Insurance Corporation of India (LIC) and Private Life Insurance Companies. International Journal of Innovations & Research Analysis, 05(03(II)), 67–75. https://doi.org/10.62823/ijira/5.3(ii).7954

DOI:

Article DOI: 10.62823/IJIRA/5.3(II).7954

DOI URL: https://doi.org/10.62823/IJIRA/5.3(II).7954


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