Sentences with phrase «gross business premium»

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

Gross written premium (GWP) was H 6183 crore 5 % better than the previous year.l New business (NB) premium grew by 14 % to H 3290 crore.
The general insurance business — Bajaj Allianz General Insurance Company — reported a 24 per cent rise in gross written premium at Rs 682 crore as against Rs 549 crore in July - September 2007.
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