Sentences with phrase «business premium collection»

According to the Insurance Regulatory and Development Authority, total new business premium collection of life insurers till February stood at Rs 84,501.74 crore.

The life insurance industry has started the financial year on a positive note and registered a growth of 8 per cent in the first year business premium collection.

HDFC Life saw 18 % growth in overall new business premium collection.

The general insurance sector in the country is of the size of close to Rs 75,000 crore in terms of gross business premium collections and over 80 per cent of the premium collections is spent on policy holders through claim settlements, according to M Rama Prasad, member (non-life) of the Insurance Regulatory and Development Authority of India (Irda).

Not exact matches

This story originally appeared in this week's PAYMENTS WEEKENDER, a weekly collection of our favorite payments news by BI Intelligence, a premium research servce from Business Insider.

About Diageo Diageo is the world's leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, beer and wine.

While its convenience for business travelers is unrivaled, San Francisco's newest luxury hotel is also within easy walking distance of Union Square, premium shopping areas, a diverse collection of trendy and upscale restaurants and bars, and a number of major San Francisco tourist attractions.

His representation of manufacturers, employers, insurance companies, and small businesses has included first chair in District and Superior Court trials; arbitration and settlement negotiations; motion hearings; and a variety of collection matters including worker's compensation insurance premium fraud.

At the same time, ICICI Prudential's business grew by 58 per cent to Rs 761 crore in the first two months of FY» 11, while first - year premium collections of Reliance Life increased by 22.5 per cent to Rs 316 crore.

Non-life insurance companies reported a 18 per cent growth in premium collections in the April - August period, reflecting an upturn in business environment.

The life insurance industry reported 2 per cent dip in premium collections to Rs 1,22,661 crore in the first half of this fiscal because of fall in new business.

However, direct business is the sole contributor in terms of premium collection with around 37 per cent share, followed by individual agents (31.6 per cent) and brokers (21.4 per cent).

Out of the company's total premium collection of Rs 541 crore in 2009 - 10, the new business premium was Rs 486 crore.

«To make this a viable business model, MFIs typically club premium collection with other activities like loan recovery or financial literacy camps.

NUFIC (City, ST) 2000 — 2004 Operations Supervisor • Consistently promoted for excellence in financial management and team leadership • Selected to serve as Operations Supervisor for the Surety profit unit • Manage all operational activities ensuring efficient National Union business operations • Review business practices and procedures to effectively analyze underwriting needs • Implement operational strategies to ensure that Account Managers meet team goals • Create monthly, quarterly and yearly reports and assist Divisional President with budgets and forecasts • Generate premium coding and accounts receivable reports • Oversee the underwriting staff to ensure timely collection of premiums from brokers • Monitor and analyze bond system activity to remedy unfavorable bond issuance delays • Manage and train underwriting technicians ensuring compliance with all corporate protocols

And they've gotten so good at this premium collection business that they exempt themselves from liabilities that tend to occur most often.