Sentences with phrase «cent premium growth»
For the period ended March 2014, the company saw 14 per cent premium growth and this is in line with our plan,» said a company executive.
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For the six months to December 31, it reported a 9.1 per cent rise in underlying earnings before interest, taxes, and amortisation to $ 72.8 million, on the back of record gross written premium (GWP) growth across both its underwriting and broker network units.
While the $ 2.36 per share offer only implies a «small» 15 per cent takeover premium to Deutsche's $ 2.05 price target, the research team points to «recent operational risks in the hospital portfolio, the execution risks of the Northern Beaches greenfield project and our lower revenue growth outlook for the private hospital industry.»
Mengniu's net profit over the same period rose 4.7 per cent to Rmb1.13 bn, with premium yoghurt products its two biggest revenue growth contributors during the period, it said.
But growth in premium beers has been overtaken by a surging craft beer segment, where boutique brewers are experiencing an industry - wide rise of between 15 to 20 per cent.
The second largest growth in the category was in the more premium wines, such as Chablis, which increased by 162 percent, Rioja by 147 per cent and the Bordeaux Rouge by 46 per cent.
«However we do not think the 9 per cent net profit growth outlook can sustain a 2018 PE of 22 times, a 32 per cent premium to the ASX 200 Industrials,» he said.
Caltex said underlying EBIT rose 9 per cent on growth in premium fuels and income from outside the fuels area.
For the first time in Australia's history, value - added / premium foods accounted for the majority (60 per cent) of food export growth in the three years to 2016.
Annual growth rates of up to five per cent are expected in the small car and compact segment of the premium class in the years to come.
Much of that growth has come from luxury ($ 60,000 - plus) SUV models, sales of which up more than 35 per cent in 2016, and Volkswagen Group Australia expects the bigger MkII Tiguan to also attract buyers of premium compact SUVs like the Audi Q3, BMW X1 and Mercedes - Benz GLC.
Holiday Extras, which has been selling this premium type of parking for over a decade, has experienced a seventy one per cent growth in Meet & Greet airport parking bookings over the last two years alone.
Private insurer HDFC Life is targeting a premium income growth of 15 per cent in the current financial year.
* In 2013 - 14, the life insurance industry recorded a premium income of Rs 3.14 lakh - crore as against Rs 2.87 lakh - crore in the previous financial year, registering a growth of 9.4 per cent
In April this year, the largest insurer Life Insurance Corporation's first year premium stood at Rs 4,173 crore, compared to Rs 2,113 crore in the corresponding month last year, translating into a growth of around 100 per cent.
Public sector companies witnessed a growth of 14.42 per cent at Rs 37,607.56 crore while private sector firms earned premium of Rs 34,956.86 crore, a rise of 25.41 per cent over the same duration a year ago.
In the first six months of this fiscal, the insurance industry has already mopped up Rs 1,01,976 crore of premium registering a growth of 18 per cent over the year - ago period.
As per the industry body, total renewal premiums for regular Unit Linked Insurance Plans (ULIPs) witnessed a growth of 40 per cent in April - September period at Rs 25,950 crore compared with Rs 18,506 crore in the same period last fiscal.
* While private - sector insurers posted 1.4 per cent decline in their premium income, Life Insurance Corporation recorded 13.5 per cent growth during the period
Life Insurance Corporation of India (LIC)- South zone has reported a 15 per cent growth in total premium income to Rs 9,859.42 crore during 2004 - 05, as compared to Rs 8,579.4 crore, last year.
«The reasons for a negative growth in the premium collections are various factors that are influencing the financial sector as a whole», the Minister said, adding the 23 private sector life insurance companies collectively witnessed 8.13 per cent decline in premium collection.
Big players like ICICI Lombard, Bajaj Allianz and HDFC Ergo General recorded a premium growth of 19.02 per cent, 17.29 per cent and 18.27 per cent, respectively.
State - owned United India Insurance has recorded a growth in premium collection of 7.07 per cent during the six month period.
General insurance industry grew by 19.34 per cent in the 11 months of 2012 - 13 fiscal led by SBI General which recorded over three-fold growth in gross premium as compared to last fiscal.
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 has started the financial year on a positive note and registered a growth of 8 per cent in the first year business premium collection.
The data, which is based on the filings by the insurers to IRDA, revealed that the general insurance companies recorded a premium growth of 14.25 per cent during the period.
In percentage terms, while the public sector companies could grow premium by 16.87 per cent, 21 private sector players logged a premium growth of 22.78 per cent during the period.
While 21 private sector companies together registered a growth of 20 per cent, the public sector peers saw premium income rise by 10.19 per cent, primarily because they have a higher base.
New business performance by the corporation for nine months ended December 2017 has shown an impressive growth of 19.47 per cent with its first year premium netting Rs 99,783.33 crore.
Kotak Mahindra Old Mutual Life Insurance Ltd (Kotak Life Insurance) is planning to achieve 120 per cent growth in its total premium income at Rs 2,200 crore during FY08 as against Rs 1,000 crore in
Its growth in new business premium has gone down by around 3 per cent and that is posing a major challenge to the company.
Public sector general insurer United India Insurance Company is hopeful of achieving 15 per cent growth in its premium income to Rs 6,000 crore this financial year on the back of sound growth from all verticals of the company.
Bajaj Allianz saw a growth rate of 70 per cent with premium income rising from Rs 241 crore in February 2003 to Rs 412.49 crore in February 2004.
Bajaj Allianz Life Insurance Company has firmed up massive network expansion plans to achieve around 100 per cent growth in its total premium income at Rs 6,000 crore in 2006 - 07.
We collected a business premium of Rs 2,715 crore»» a 0215 per cent growth over the previous year and out of that, rural areas constituted 50 per cent.»
During the period, the industry witnessed a growth of 216 per cent in renewal premiums for regular unit linked insurance plan (ULIPs) at Rs 26,600 crore as against Rs 8,400 crore in the corresponding period last year, the Council said.
«We need to grow much more than the industry according to our plan, and hence, expect to see 20 per cent plus premium growth in this financial year.»
Kotak Life Insurance also saw its total received premium income jump from Rs 136.87 crore in HY05 - 06 to Rs 291.51 crore in HY06 - 07, a growth of 113 per cent.
4) Unit linked insurance products (ULIPs) registered a growth of 10.85 per cent premium from Rs 37,544.08 crore in 2013 - 14 to Rs 41,616.94 crore in 2014 - 15.
«We expect the market for premium smartphones to return to 3.5 per cent growth in 2017, as stronger replacement cycles kick in and in anticipation of a new iPhone next year, which is expected to offer a new design and new features that are attractive enough to convince more replacement buyers,» Gartner analyst Roberta Cozza said.
Edward Garner said Tesco's premium own label Finest had shown sales growth of 16 per cent year on year while Sainsbury's Taste the Difference had risen 12 per cent.