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HYDERABAD:
Assets under management (AUM) of life insurers will almost treble to
USD 1 trillion (nearly Rs 60 lakh crore) by 2020 from the current Rs
19.4 lakh crore, according to projections by the Life Insurance Council.
Life
Insurance Council Secretary General V Manickam said projections were
made on the basis of growth in GDP and household savings over the next
few years.
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Sunday, July 13, 2014
AUM of life insurers may treble to $ 1 trillion by 2020: Life Insurance Council
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