Max Life Insurance H1 net up 6% at Rs 398 cr

Private insurer Max Life Insurance today reported 6 per cent growth in net profit at Rs 398 crore for the six months ended  September 30, on the back of steady revenue coupled with better productivity and cost efficiency. The net profit stood at Rs  375 crore for the corresponding quarter last year, Max Life Insurance said in a release issued here. Read more

Interview: We want to be among top five in size: S S Gopalarathnam

Chola MS General Insurance Company (Chola MS), a JV between the $4.4-billion Murugappa Group and Mitsui Sumitomo Insurance, is in its 10th year of operation in India. The company has set a target of Rs 2,500 crore gross written premium (GWP) in two years and a Rs 150-crore operating profit. Read more