IndiaInsurance
29th January 2010, 09:06 AM
SBI Life Q3 net profit at Rs 82 cr SBI Life Insurance on Thursday said it has clocked a profit of Rs 82 crore in the third quarter this fiscal, while for the first nine months ended December 2009, the insurer posted a net profit of Rs 199 crore. Total premium collection in the first nine months stood at Rs 6,087 crore, up 32% , according to a company release. New business premium grew 19% to Rs 4,392 crore during the period. Reflecting its superior efficiency in its business operations, the company maintained the lowest expense to GWP (gross written ...
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More... (http://in.biz.yahoo.com/100105/50/bauutg.html)