News From Press IndiaFirst Life Insurance FY17 profit at Rs 35 cr

IndiaFirst Life Insurance FY17 profit at Rs 35 cr

Source: Economic Times May 26, 2017

IndiaFirst Life Insurance reported profit of Rs 35 crore for the financial year 2016-17.

The company was launched in 2010-11. It is promoted by Bank of BarodaBSE 3.16 %, Andhra BankBSE 4.27 % and Legal & General.

The company witnessed a new retail premium collection growth of 82 per cent to Rs 403 crore by the end of FY 2016-17, as against Rs 221 crores in FY 2015-16.

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