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Kotak General Insurance eyes Rs 200crore total premia in FY18

Kotak General Insurance is looking at achieving Rs 200 crore in total premia by the end of the current fiscal from existing Rs 84 crore, a top company official said today.

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Kotak General Insurance is looking at achieving Rs 200 crore in total premia by the end of the current fiscal from existing Rs 84 crore, a top company official said today.

Moreover, the private sector general insurer is targeting a three-fold increase in business in terms of policies to 3 lakh from the current mark of around 1 lakh within the next couple of years, he said.

"We have already clocked Rs 84 crore in total premia within one year of operation. Now, we are eyeing to take it to Rs 200 crore by the fiscal-end," Mahesh Balasubramanian, Managing Director and Chief Executive of Kotak General Insurance, told

 

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

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