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The Insurance Regulatory and Development Authority of India said that the local general insurance industry's gross written premium grew 16% to 122 billion Indian rupees ($1.9 billion) in April as compared to INR 105 billion in April 2016, The Economic Times reported citing the Press Trust of India. "In the month of April, the private sector players have grown at 27.88% and four public sector unit general insurers registered a growth of 5.42% without standalone health and mono line insurers," said Sanath Kumar, chairman of India-based National Insurance Co. Ltd.