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BSLI achieves high gwth rate of more than 200% as of May 08
Published on Wed, Jul 09, 2008 at 17:57 , Updated at Wed, Jul 09, 2008 at 18:58
Source : Moneycontrol.com
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Birla Sun Life Insurance Company Ltd. (BSLI), the pioneer of Unit Linked Life Insurance plans amongst the private life insurers in India, has registered strong growth amongst the private life insurers, as per reports for the first two months of the fiscal 2008-09. As per the YTD May 2008 figures, BSLI has a market share of 7.4%, and has achieved a growth rate of 218% for its total new Annualized Premium Equivalent (APE), which is Rs. 254.6 crores. “Birla Sun Life Insurance continues its momentum into the new fiscal year. The first quarter has seen a ramp up on account of our expansion in our distribution network, resulting in higher growth rate and market share,” said Mr. Vikram Mehmi, President & CEO, and Birla Sun Life Insurance. Sourced From: Concept Public Relations India Pvt. Ltd |
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