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 Money & Banking - General Insurance


Tata AIG posts Rs 15.3-cr profit

Our Bureau

Mumbai , May 12

TATA AIG General Insurance Company Ltd has reported a maiden profit of Rs 15.3 crore and a premium income of Rs 353 crore for the financial year ended March 31, 2004, the third year of operation of the company.

For the fiscal 2003-04, Tata AIG issued 282,449 policies and settled over 48,882 claims amounting to Rs 113 crore.

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