The total investments in the market by India' largest life insurer Life insurance Corporation will cross Rs 2 lakh crore this fiscal. "Our investments will be more than last year. We will top last year's total investment of Rs 2 lakh crore this year, " informed Thomas Mathew, Managing Director, LIC.



The company had invested 40, 000 crore in equities last fiscal. According to the Insurance Act, 50% of investments made by an insurance company has to be in government securities and about 15% in infrastructure related areas. The rest of the 35% has to be invested in equities and debentures. LIC is also planning to participate in the government's plans to raise Rs 40, 000 by divesting in various public sector units in the fiscal year 2011-12.