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Indian insurer's profit rises nearly 30%

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India-based Reliance General Insurance Co. Ltd.'s net profit grew 28% to more than 1.6 billion Indian rupees ($24 million) in the fiscal year ended March 31, Business Standard reported citing the Press Trust of India. Gross written premiums grew 28% to more than INR 51 billion from INR 40 billion in fiscal year 2016-17.

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