“Co-Operative Insurance has yet again delivered a strong year of financial performance the past year with revenue (Gross Written Premium) of Rs. Compared to the industry GWP growth, which was (2.24%) during the past year, the company recorded GWP growth of 2%. Co-Operative Insurance also noted that its contribution to increasing insurance penetration in the country has increased during the period in review, with 916,682 policies issued by CICL. Established in 1999 Co-Operative Insurance operates the third largest branch network amongst all local insurance companies today. 1 billion in 2015, an undertaking Co-Operative Insurance led with the creation of its subsidiaries Co-Operative Insurance Company and Co-op Life Insurance – a historic benchmark within the organisation.

Source: The Nation August 16, 2021 18:56 UTC