Private insurer Future Generali Life Insurance is expecting to garner a total premium income of Rs 950 crore in the current financial year, a company official said. "We are expecting to garner a total premium income of 950 crore in 2017-18. Out of that first individual is Rs 300 crore, first group Rs 250 crore and Rs 400 crore of renewal premium", CMO and EVP (strategy) Rakesh Wadhwa told PTI. Also read Hindcon Chem IPO opens tomorrow to raise Rs 7.73 cr"But Future Generali will participate in a limited way because our focus is on giving protection and savings to the insured", he said. Future Group holds 51 per cent, Generali with 26 per cent and the balance with IIDL.

Source: dna February 26, 2018 09:56 UTC