Tag: Life Insurance Industry

Life insurers cut fresh exposure to equities by 57% in FY17

Mumbai: The life insurance industry, led by state-run LIC, drastically cut down its fresh exposure in equities by 57 per cent during the fiscal 2016-17 to Rs 16,793 crore from Rs 39,535 crore a year ago, data collated by the Life Insurance Council said. This reduction was despite the fact that key market indices went […]

  • Tuesday, 29 June 2021
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