Life insurers' assets rise 23% in 2 years
Tuesday, March 21, 2017, 7:12 PM
Over the last two years, life insurance industry has witnessed a 23% increase in its assets. Data from the umbrella body shows 28% jump in fixed income assets to Rs.20.9 lakh crore at the end of 2016, compared to Rs.16.3 lakh crore at the end of 2014. Equity assets witnessed a growth of only 5%, rising to Rs.6.7 lakh crore in the same period.