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India: Future Generali Insurance to post profit in 2014


K.G. Krishnamoorthy Rao, chief executive of Future Generali India Insurance Co. Ltd., said the firm hopes to report its first profit in the 2014 fiscal year, Business Standard reported.

The nonlife insurer earned a profit of 284 million Indian rupees ($4.5 million) during the April to December 2013 period from gross written premium of INR 9.44 billion ($152.6 million) .

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