GWP or Gross Written Premium of the firm, from Rs. 5,301
Crores in the financial years 2014 - 15 rose to Rs. 5,901
Crores in the financial years 2015 - 16; which is almost an increase of 11 %.
The company has recorded the Gross Premium of Rs. 7282.54
crore in the financial year of 2013 - 2014.
The company is present in over 1000 Indian cities and towns and has marked a profit of INR 6.9
crores in the financial year 2014 - 15.
Paying annuities under superannuation funds not managed by ICICI Prudential Life, and under other groups, if the premium for annuity purchase is more than Rs. 2
crore in a financial year.
Superannuation Standalone Immediate Annuity, which is used to pay annuities under superannuation funds not managed by ICICI Prudential, and under other groups, if the premium for annuity purchase is less than Rs. 2
crores in a financial year.
Increased from Rs. 1,372.64
crore in financial year 2010 to Rs. 4,865.81 by FY13, almost Rs. 5,000 crore unclaimed amount is lying with insurance companies.
India's largest car maker by sales, Maruti Suzuki India Ltd, incurred an expense of Rs. 100.9
crore in the financial year 2014 over product recall and warranties, as mentioned in the company's annual report.
Increased from Rs. 1,372.64
crore in financial year 2010 to Rs. 4,865.81 by FY13, almost Rs. 5,000 crore unclaimed amount is lying with insu... read more
As per the company, India has 60 million internet users with recorded e-commerce transactions amounting to Rs 1800
crores in Financial Year 2008.
Not exact matches
Tax rates for Domestic Companies: A domestic company is charged a corporate tax rate according to the following division: o If the company's turnover for a
year does not exceed Rs. 50
crore, then it is charged a flat rate of 25 % on the income it earns
in the current
financial year.
In an effort to bring back all the desi entrepreneurs from overseas and curb startups from move from Indian shores, the government has directed RBI to set aside Rs. 2000
crore for startups for
Financial year 2014 - 15.
In the
financial year 2015, for instance, Amazon India posted a loss of Rs1, 724
crore as a result of such splurging.
I have taken a Term Cover of 1
Crore this
year and planning to invest
in ELSS manually
in a lumpsum investment and am
in process of shortlisting the Long term and Short Term
Financial Goals to start with proper financial
Financial Goals to start with proper
financial financial planning.
As per this notification, Tax Free Bonds (TFBs) to the tune of Rs 40,000
crore, will hit the market
in this
Financial Year (2015 - 16).
As per this notification, Tax Free Bonds (TFBs) to the tune of Rs 40,000
crore, will hit the market
in this
Financial Year (2015 - 16), starting this October.
In the first three tranches of gold bonds issued during the
financial year 2015 - 16, about 4.50 lakh investors purchased total bonds equivalent to 4,908 kg, amounting to about Rs. 1,320
crore.
United India Insurance Company has maintained its number one position
in business
in Kerala, collecting a premium income of Rs 536.95
crore for the
financial year 2013 - 14.
*
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 ce
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 ce
in the previous
financial year, registering a growth of 9.4 per cent
The New India Assurance Company has posted over 354 per cent rise
in underwriting profit of Rs 109
crore on a total premium income of Rs 4,921.47
crore for the
financial year 2003 - 04.
In the April to September period for financial year 2013 - 14, Future Generali India Insurance posted a Rs 26.5 - crore net profit, compared to a Rs 27.7 - crore net loss posted in in the same period of 2012 - 1
In the April to September period for
financial year 2013 - 14, Future Generali India Insurance posted a Rs 26.5 -
crore net profit, compared to a Rs 27.7 -
crore net loss posted
in in the same period of 2012 - 1
in in the same period of 2012 - 1
in the same period of 2012 - 13.
The Indian life insurance industry is expected to grow by about 15 per cent
in the current
financial year to touch a total premium income of Rs 2,55,000
crore in 2009 - 10.
For April - December 2013, the first nine months of that
financial year, Future Generali India collected total premiums of Rs 929
crore, up 11.5 per cent over the same period
in 2012.
The company has managed to make the profit
in the previous
financial year, which makes them set a target of Rs. 2,800
Crore GWP
in the coming fiscal.
In spite of 7000 claims for Chennai floods worth Rs. 470 Crores made on the insurer this year, Bajaj Allianz General Insurance Company declared a collective percentage of 99.3 %, maintaining its good financial wellbeing in the insurance industr
In spite of 7000 claims for Chennai floods worth Rs. 470
Crores made on the insurer this
year, Bajaj Allianz General Insurance Company declared a collective percentage of 99.3 %, maintaining its good
financial wellbeing
in the insurance industr
in the insurance industry.
During last
financial year, Kotak Life collected Rs 1,400
crore in new business premium segment and Rs 1,500
crore in renewal premium segment.
Kotak Life Insurance is targeting Rs 3,500
crore of premium income
in this
financial year, of which about Rs 1,800
crore is being targeted from new business.
SBI General closed the
financial year 2013 - 14 with a Gross Written Premium of Rs. 1188
crore, registering a growth of 54 %
in its 4th
year of operations.
During the
Financial Year 2015 to 2016, Max Life Insurance paid a total of Rs245.46
crores in order to cover the claims payout requirement.
In the
financial year 2016, its total premium income touched 1,700
crores, which they expect to reach 2,100
crores by the end of this
financial year.
This increase reportedly brings Magma Fincorp's quarter three profits for the current
financial year to Rs. 52.22
crore as compared to the Rs. 44
crore profits posted
in the Q3 of the previous fiscal.
In the last financial year, LIC had seen new business premiums at Rs 1.24 lakh crore with significant growth in group single premium policies, suggests the data from Insurance Regulatory and Development Authority of India (Irdai
In the last
financial year, LIC had seen new business premiums at Rs 1.24 lakh
crore with significant growth
in group single premium policies, suggests the data from Insurance Regulatory and Development Authority of India (Irdai
in group single premium policies, suggests the data from Insurance Regulatory and Development Authority of India (Irdai).
During April - July period of current fiscal, new business premium by all the 24 life insurers rose by 22.7 per cent at Rs 45,247
crore as against Rs 36,888.11
crore in the same period of the preceding
financial year, the data added.
This was much more than the cumulative amount of Rs 62,147
crore garnered
in the last five
financial years.
The premium income of Bajaj Allianz grew by 84 per cent to Rs 405
crore in the first half of the current
financial year and profits grew by 52 per cent to Rs 20
crore.
It can be noted that
in the last
financial year, net profit of Bajaj Allianz General Insurance was 144
crore.
In the
financial year 2015, Max Life recorded Gross Written Premium of Rs. 8,172
crore with sum assured of Rs. 2, 26,701
crore and Asset Under Management of Rs. 31,220
crore as on 31st March 2015.
Future Group's general insurance arm is the larger business, as it had grown its premium income 53 per cent to Rs 938
crore during 2011 - 12 from Rs 612
crore collected
in the previous
financial year.
Life insurance industry recorded a premium income of Rs 3,66,943.23
crore during 2015 - 16 as against Rs 3,28,102
crore in the previous
financial year, registering growth of 11.84 %.
In the bond market, the company had made an investment of Rs 2.40 lakh crore in the last financial yea
In the bond market, the company had made an investment of Rs 2.40 lakh
crore in the last financial yea
in the last
financial year.
In a major decision taken by the Indian Government, it has decided to allocate a total of Rs 50 lakh crore for the infrastructure, in the budget released for the current financial yea
In a major decision taken by the Indian Government, it has decided to allocate a total of Rs 50 lakh
crore for the infrastructure,
in the budget released for the current financial yea
in the budget released for the current
financial year.
He also informed that LIC had pulled out stocks worth Rs 51,000
crore in the last
financial year and had invested across sectors.
Life Insurance Corporation of India, the leader
in India's insurance industry, is all set to overshoot its premium target of Rs. 31,000
Crores in the current
financial year.
The company which is a joint venture between India's Industries and US - based Liberty Mutual Insurance Group, had recorded a gross written premium of around Rs 108
crore in April - February period of the last
financial year.
SBI Life Insurance Company informed a 5 % growth
in the net gains at Rs. 861
Crore for the
financial year ending on 31st March, 2016.
As a part of the scheme (s)
in the current
financial year, premium worth Rs. 1,100
crore has been underwritten by New India Assurance.
The Bajaj Allianz Life Insurance said that its aiming Rs 3,000 -
crore new business
in the present
financial year and will focus on raising its individual business to 50 percent.
The industry earned Rs 56,286.40
crore for the first two quarters, compared with Rs 49,178.17
crore in the same period
in the earlier
financial year.
During the
financial year 2016 - 17, the company achieved a total premium income of over Rs. 2,400
crores and delivered Rs. 112
crores in profits (PBT).
Its premium collection has dropped by 11 percent
in the previous
financial year to Rs 2,140
crore.
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.