| The Life Insurance Industry in India |
The sector of life insurance has witnessed immense growth in the past few years. Today, it is second only to banks for mobilized savings and forms a formidable part of the capital market.
The life insurance sector controls:
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More than Rs. 24,838 crores of deployed capital
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Over Rs. 9,34,000 crores of managed assets
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Investments in infrastructure exceeding Rs. 1,15,500 crores
Another indication of the sector's growth is its infrastructural strength.
Today the life insurance sector comprises of:
The figures are provisional as of 31st March 2009 Source: Life Insurance Council
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