FY09 inflows from insurance cos to be $15bn: ICICI PruLife
Published on Mon, Dec 31, 2007 at 11:28 | Source : CNBC-TV18
Updated at Mon, Dec 31, 2007 at 12:03
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FY09 inflows from insurance cos to be $15bn: ICICI PruLife
Puneet Nanda, CIO of ICICI Prudential Life Insurance told CNBC-TV18 that he expects a market return at 15% CAGR, over the next 5 years. He sees the FY09 inflows from insurance companies at USD 15 billion. He also sees interest rates softening in FY09.
It's the end of the year. 2007 has been a spectacular year for the markets. What is the outlook for the year ahead?
Puneet Nanda, CIO of ICICI Prudential Life Insurance told CNBC-TV18 that he expects a market return at 15% CAGR, over the next 5 years. He sees the FY09 inflows from insurance companies at USD 15 billion. He also sees interest rates softening in FY09.
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It's the end of the year. 2007 has been a spectacular year for the markets. What is the outlook for the year ahead? 
