Biggest private life insurance company in India
- 36% growth in Gross Written Premium
- 33% jump in renewal premium
- Expenses coming down - Total Cost ratio declined to 10.4% from 12%. Commission ratio slided to 3.9% from 4.1%.
- AUM grew 23% to Rs.1,54,760 Cr (Sept 2019)
- Debt equity Mix : 77:23
- 90% of debt investments in AAA & G Sec's.
- Bancassurance channel grew 32% - contributing 57% of New Business Premium.
- Agency channel grew 21% - contributing 18% of the NBP.
- Total number of
- Certified Insurance Provider = 54,282
- Agents = 1,21,652
- New Tie-ups:
- Repco Home Finance : 170 branches reach
- Existing Tie-ups:
- SBI
- South India Bank
- Indian Bank
- Punjab & Sind Bank
- Allahabad Bank
- Syndicate Bank
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