ICICI Pru's AUM crosses $10 billion

The country’s largest private insurance company, ICICI Prudential Life, said today its assets under management (AUMs) have crossed $10 billion.

“Our assets under management crossed $10 billion (about Rs 47,000 crore) at the end of August,” ICICI Prudential Life Insurance Managing Director V Vaidyanathan said.

Of the total assets, the private insurer has parked Rs 30,000 crore in the capital market, while the remaining Rs 17,000 crore has been put in debt instruments. The company’s AUM stood at Rs 43,000 crore as on June 30.