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Kochi, July 1

Four public sector general insurance companies in the State have registered a growth rate of 6.77 per cent in their premium income in 2007-08. The total premium amount procured by the companies in Kerala region during the last fiscal was Rs 821.58 crore, an increase of Rs 52.12 crore over the previous year. Mr P.P. Mohanan, State General Secretary of General Insurance Officers All India Association, said that awareness about ‘health insurance’ has been increase d among the insuring public. About half of the total premium is from motor vehicle policy portfolio. United India Insurance company maintained the lead position procuring an amount of Rs 229.58 crore as premium income.

– Our Bureau

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