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SBI General’s premiums up 17%

Posted On: Apr. 26, 2024 9:56 AM CST

P/C insurers

India-based SBI General Insurance Co. Ltd.'s gross written premiums increased by 17% year-on-year to 127 billion Indian rupees ($1.52 billion) in the fiscal year ended March 31, Business Standard reported. The insurer’s net profit grew by over 30% year-on-year to INR2.4 billion.