LIC Jamshedpur division stands 1st in regular premium growth rate

Life Insurance Corporation of India’s Jamshedpur Division has achieved No.1 rank in the country in regular premium growth rate with robust increase of 22.50 per cent in 2016-17.

The division achieved a total premium income of Rs 390.29 crore, registering an achievement of 128.80 per cent, against the target of Rs 303 crore, the company said in a statement.

It recorded an earning of Rs 228.35 crore Single Premium and Rs 161.94 crore regular premium against the target of Rs 139 crore and Rs 164 crore respectively, the statement said.