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New Delhi, Dec. 1 Agriculture Insurance Company of India Ltd (AICIL) has won the innovation of the year award at the 12th Asia Insurance Industry awards ceremony held in Hong Kong recently.

Mr M. Parshad, Chairman-cum-Managing Director of AICIL, received this award in the presence of industry leaders, about 600 of whom had gathered at the award function.

In 2007-08, AIC covered 671,000 farmers and an area of 1,034,629 hectares for a sum insured of Rs 1,758 crore, and earned a premium of Rs 145.5 crore.

More Stories on : Insurance | Awards & Honours | Agriculture

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