July 12, 2011 / 16:09 IST
India's largest realty firm DLF has said it added over 3,000 advisors in its insurance joint venture DLF Pramerica Life Insurance during last fiscal for the future growth of the business.
For its core real estate business also, more than 500 employees were added to DLF Ltd, the parent company.
DLF Pramerica Life Insurance Company Ltd, a 74:26 JV between DLF and Prudential International Insurance Holdings, completed its second full year of commercial operations as on March 31, 2011.
During the year, the insurance venture's advisor headcount rose to 5,119 people, from 2,115 in 2009-10, DLF said in its latest annual report.
Also read: Indian cos to hire aggressively during rest of FY'12The total income of the JV stood at Rs 106 crore in 2010-11 fiscal, an increase of 124% compared with the year-ago period.
The numbers of policies issued by DLF Pramerica Life Insurance increased to 36,891 in FY
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