The four public sector insurance companies United India, National Insurance, Oriental Insurance and New India Assurance have collectively crossed the Rs 25,000 figure in terms of premium collections for the financial year 2010-2011.
Government owned New India Assurance, which is the largest non-life insurer in India, leads the pack with a premium collection of Rs 7,070.22 crores. This is a 17% growth over its collections of Rs 6,042.51 crores in the previous year.
National Insurance has...
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