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NIC eyes Rs 3800 cr premium income

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Our Bureau Kolkata
Last Updated : Feb 14 2013 | 8:59 PM IST
Kolkata-based general insurance major National Insurance Company (NICL) is all set to record a total premium income of Rs 3,800 crore in 2006-07 compared to last year's Rs 3,590 crore.
 
V Ramasaamy, chairman-cum-managing director, said, "We are targeting a total premium income of Rs 3,800 crore in 2006-07. Last year, we recorded a total premium income of around Rs 3,590 crore."
 
The provisional profit figure for 2005-06 was expected to be around Rs 150 crore, he added.
 
Meanwhile, the company was all set with the de-tariffing, which was just round the corner.
 
"We have set up an exclusive cell for dealing with the various parameters pertaining to the guidelines and tariff rates once the de-tariff set in. We have also started training our officials keeping the upcoming scenario in mind," he said.

 
 

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First Published: May 16 2006 | 12:00 AM IST

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