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Thursday, Aug 18, 2005

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Money & Banking - Life Insurance


LIC premium by regional unit

Our Bureau

HYDERABAD: The South Central Region of the Life Insurance Corporation of India, Hyderabad has collected first premium of Rs 40,954.10 lakh from 8,69,989 policies till the end of July 2005, during the financial year 2005-06.

In policy servicing, the region has settled 96.83 per cent claims for an amount of Rs 76,153 lakh under 2,92,035 policies, Mr T. Chattopadhyay, Zonal Manager of the division, said in a press release.

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