Sentences with phrase «year premium collections»
rst - year premium collections of?
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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.
Not exact matches
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The company's collection of premiums was also down last year.
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Two of the negative years occurred during flat years in the market when the carrying cost of the hedge wasn't offset by gains in the equity market or premium collection income (2011 and 2015).
LIC's investment in stock markets every year is around 8 - 9 per cent of its total premium collection, the official said, adding,» (The) banking sector remains appealing to us.»
Star Health Insurance Company with headquarter in Chennai has recorded a premium collection of 2008 crore at the close of FY16 — 36.5 % increase from Rs 1,470 crore during the previous year.
Reliance General Insurance announced recently stated to expect a 3 fold premium collection amount of Rs 300 crore in the consecutive years through bancassurance channel of distribution.
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.
One can not pay the premium for the next financial year at these collection centres.
March 2014: On the back of an expected recovery in economy, Tata AIG General Insurance is expecting a growth of around 15 % in the next financial year in premium collections.
Mr. SK Roy, chairman of LIC told us that they are confident that company will deliver a stellar performance as they have witnessed an increase in premium collections by 180 % and 161 % in January and February respectively during the previous year.
According to IRDA data, industry is witnessing slow growth with major players in the industry have registered drop in premium collections during first nine months of the year.
The country's largest insurance company, LIC or Life Insurance Corporation of India has reported a sharp slide in their market share from 77 % to 70 % mainly due to fall in premium collections in the first nine months of the year that in ended December 2014.
According to IRDA (Insurance Regulatory and Development Authority), there is a gross premium collection growth of 24.59 % year - on - year to Rs 4,106.23 crore by the four public insurers namely - National Insurance Company, Oriental Insurance, New India Assurance and United India Insurance in January.
Mumbai, 9th March 2014: On the back of an expected recovery in economy, Tata AIG General Insurance is expecting a growth of around 15 % in the next financial year in premium collections.
The life insurance company - Edelweiss Tokio Life Insurance had introduced a critical care product early this year and till date it has 256 customers and premium collection of Rs 18.4 crore.
Its premium collection has dropped by 11 percent in the previous financial year to Rs 2,140 crore.
The gross premium collection rose by over 13 per cent to Rs 1,303 crore during the year as compared to Rs 1,151 crore in the preceding fiscal year.
Insurance companies may increase investments in the nation's stocks by 24 per cent to a record $ 21 billion next financial year as premium collections rise, according to India's largest private insurers.
This year we expect to garner premium collections of Rs 70 - 75 crore,» he said.
Last year, our premium collections in Surat were between Rs 4 crore and Rs 5 crore.
The four PSU entities - National Insurance, New India Assurance, Oriental Insurance and United India Insurance - saw their gross premium collection rise by 24.59 per cent year - on - year to Rs 4,106.23 crore in January, according to IRDA data.
The four PSU entities - 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 3,394.83 crore in February.
Bajaj Allianz Life Insurance Company, to achieve a four-fold growth with over Rs 3,000 crore premium collection in the next financial year, plans to focus on the western region and Gujarat in particular.
Till December, the company has achieved a premium collection of Rs 426 crore and plans to close the current financial year with a premium exceeding Rs 750 crore and the next financial year with a premium collection of over Rs 3,000 crore.
The jump in the premium collection will be driven primarily by eight new insurance products, which the company plans to roll out before the end of this financial year.
The jump in premium collection will be driven primarily by eight new insurance products which the company plans to roll out before the end of this financial year.
«We have earned first year premium of Rs 288 crore during April - December period and expect to close the fiscal with premium collection of Rs 750 crore,» Future Generali Managing Director Deepak Sood told reporters after launching Sanjeevani Plus, a unit linked whole life insurance - cum - investment plan.
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