Gross written premium of DHFL Pramerica Life Insurance grew by 56% at Rs457 crore over the same period of last financial year. Photo: Hemant Mishra/MintMumbai: DHFL Pramerica Life Insurance (DPLI) on Tuesday posted a 78% growth in net profit during the quarter ended 31 December at Rs27.3 crore mainly due to a better distribution strategy. The private insurer’s profit after tax (PAT) stood at Rs5.4 crore in the corresponding quarter last year, a release issued in Mumbai said. In new business premium, it posted a growth of 61% at Rs359 crore against Rs223 crore in the third quarter of FY17. The company has 32 life insurance products and six riders in its products basket in its portfolio.

Source: Mint January 30, 2018 13:41 UTC