Gen insurance premium collections up 13.8 per cent


General insurers witnessed a growth of 13.8 per cent in premium collection for the month of July 2009 at Rs 2,856.42 crore compared to Rs 2,508.92 crore last year, insurance regulator  IRDA said.

Public sector general insurers collected Rs 1,680.40 crore as premium in July, up  13.5 per cent, compared to Rs 1,479.94 crore last year.
Among the PSU general insurers New India collected highest premium of Rs 509.02 crore in the period under review compared to Rs 442.18 crore in July 2008.  Private-sector general insurers earned a premium of Rs 1,176.02 crore, up 14.2 per cent, against Rs 1,028.98 crore in the corresponding period last year.  ICICI-Lombard collected a premium of Rs 260.02 crore for the month of July against Rs 284.32 crore in July 2008.

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry