ICICI Insurance garners rs 9,918 cr premium

THIRUVANANTHAPURAM: ICICI Prudential Life Insurance company has garnered a total premium of Rs.9,918 crores for the nine month period ended December 31, 2008, Company Vice President K S Mahesh said on Wednesday.

The company registered 28 per cent growth during the period and company's renewal premium showed a growth of 75 per cent and stood at Rs.5,427 crore, Mahesh told reporters here today.

Kerala continues to remain one of the major contributors for company's growth and currently state's share was over eight per cent to ICCI Prudential Life's overall business, he said. The company mobilised business of over Rs.405 crore for the period between April 1, 2008 and February 28, 2009, he added.