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Gross premium of general insurers rises 12.84% in Apr-Feb

For April-February period, premium collected by public general insurance companies grew by 10.9% from a year earlier to Rs. 390.69 billion

March 20, 2014 2:07 IST | India Infoline News Service
The premium income of non-life insurance companies grew 5% to Rs. 60.66 billion in the month of February, according to Insurance Regulatory and Development Authority (IRDA) data.
The four public sector insurers—National Insurance, New India Assurance, Oriental Insurance and United India Insurance—saw their gross premium collection rise by 2.6% year-on-year to Rs. 33.95 billion in February.
The gross premium of 28 general insurers rose 12.84% to Rs. 698.33 billion during April-February period of 2013-14.
For April-February period, premium collected by public general insurance companies grew by 10.9% from a year earlier to Rs. 390.69 billion, IRDA data showed.

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