INSURANCE FIRMS EMERGE A MAJOR FORCE ON THE BOURSES

Insurance companies have become a major force in Indian Stock Markets with the growing popularity of their market-linked plans. The insurance industry manages equity assets of nearly Rs 2.7 lakh crore.

Equity Investment

Year                    Rs. in crore
2005-06             10,280
2006-07             27,572
2007-08             42,232
2008-09             51,000