1. Future Generali FY15 PAT up 52%

Future Generali FY15 PAT up 52%

FGII is a joint venture between retail major Future Group and global insurance group Generali.

By: | Chennai | Published: May 23, 2015 1:55 AM

Future Generali India Insurance Company (FGII) reported a 52% growth in profit after tax for the fiscal ended March at R60.29 crore, up  from R39.62 crore in the year-ago period.

FGII is a joint venture between retail major Future Group and global insurance group Generali.

This is the second consecutive year that the company has reported a profit since it started operations in 2007. The gross-written premium (GWP) for the year stood at R1,480 crore against R1,303 crore last fiscal, a growth of 14%.

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