Royal Sundaram profit up 145%

CORPORATE SCORECARD

For the full year ended March 31, 2007, Royal Sundaram Alliance Insurance Company's net profit rose to Rs 21.18 crore against Rs 8.63 crore registered in 2005-06, a growth of 145.42 per cent.

Premium income rose to Rs 600.58 crore against Rs 460.85 crore in 2005-06, recording a growth of 30.32 per cent.

Of the total premium written in 2006-07, personal insurance contributed Rs 391 crore, representing a growth of 40 per cent, while commercial insurance contributed Rs 210 crore.

Motor insurance contributed 51 per cent of the total premium written, while fire and engineering segments contributed 22 per cent. Accident and health segments contributed 21 per cent and around 8 per cent of total premium was contributed by the rural business.