Future Generali India is hoping to collect up to Rs 700 crore in new premiums in the life insurance business for the current year with an expected growth of 20 per cent on the back of new product launches and expansion of marketing operations.
The company collected Rs 168 crore in new premium business in the first half of the current financial year and expects to make substantial business in the last quarter, according its managing director Deepak Sood.
Speaking to the media in connection with the launch of its new traditional endowment plan with guaranteed return on the sum insured, Sood said the company's performance had been on the targeted lines.
