Reliance General Insurance has reported 22 per cent increase in net profit at Rs 44 crore for the first quarter ended June 30, 2017-18.

Gross written premium of the company rose 41 per cent to Rs 1,278 crore, Reliance General Insurance said in a statement.

The company continues to demonstrate robust business growth across all lines of business, along with strong improvement in bottom line, CEO Rakesh Jain said.

On the listing plan, he said it is a significant wealth creation opportunity for retail investors and will enable them to participate in this high growth and profitable journey.

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