General insurance companies saw a 13.1% in premium collection for the April to November period, as compared to same period last year.
Non-life companies collected total premiums of Rs 50,307.56 crore as compared to Rs 44,451.27 crore in this period last fiscal. Private general insurers collected total premiums of Rs 22,132.70 crore, seeing a 17.54% rise compared to first quarter last year. Public general insurers, on the other hand, saw a 9.96% rise in premium collection for this period.
Source: Business Standard
Date: 19th December 2013