Total assets managed by life insurance companies went up by 11.38 per cent to cross Rs 15 lakh crore mark in the first quarter of 2011-12. As many as 22 life insurance companies had assets under management (AUM), including equity and fixed income assets, of Rs 15, 04,629 crore in April-June 2011 quarter, data compiled by industry association Life Insurance Council said. The AUM of these players was Rs 13,50,850 crore at the end of the June quarter, 2010.

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