SBI Life Insurance, a leading private life insurer, announced a profit of Rs.114 Crores, for the quarter ended June 2010, registering an impressive profit growth of 195% over the corresponding period last year. The total premium of the company grew by 9.5% to Rs. 1,707 Crores during the period.
The new business premium collected, during the first quarter, stands at Rs. 976 Crores. Rapidly expanding its presence, the company has introduced 118 ...