 "ICICI Lombard's premium growth slows to 12% in FY 2014")
The premium income of ICICI Lombard General Insurance Company at the end of fiscal ending March, 2014 stood at Rs 7,134 crore, a growth of about 12%.
In 2012-13, the gross premium collection had gone up by 19% to Rs 6,420 crore.
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The net premium income rose 8.58% to Rs 4,353 crore during 2013-14.
The net premium income from the fire insurance stood at Rs 153 crore, up from Rs 138 crore in the previous year.
In the marine insurance category, the premium income shot up by 78% to Rs 157 crore in 2013-14, from Rs 88 crore in the previous year.
As regard the life insurance business, ICICI Prudential Life's annual premium fell to Rs 3,444 crore, from Rs 3,532 crore in 2012-13.