DHFL Pramerica Life Insurance (DPLI) today reported 21 per cent growth in profit after tax (PAT) at Rs 61.4 crore for the fiscal year 2016-17. Gross Written Premium (GWP) grew 24 per cent to Rs 1,142 crore in FY17 from Rs 920 crore in the previous financial year, DPLI said in a release here. Collected New Business Premium (NBP) went up by 20 per cent to Rs 874 crore from Rs 727 crore in FY16. The company's asset under management (AUM) grew 31 per cent to Rs 2,707 crore in 2016-17 from Rs 2,072 crore in the last financial year. It has 28 life insurance products and six riders in its product basket, fulfilling a gamut of life insurance needs - from a child's future protection to retirement.

Source: dna May 04, 2017 09:11 UTC