United India Insurance Company's Kochi region has topped in the collection of premium income at the national level in 2011-12.
Mr V. Sajan, deputy general manager and regional head of the company, said that Kochi region of United India Insurance Company has collected total premium of Rs 549.48 crore against a target of Rs 515 crore for 2011-12, a growth of 55 per cent over the previous year. Premium collected in 2010-11 was Rs 355.33 crore, a release issued here said.
After the formation of the region in 1984, this is the first time it has come to the first position in premium income. Earlier, only regional offices functioning in metropolitan centres alone occupied this top position. Total premium of United India at the national level has crossed Rs 8,000 crore.