United India declares Rs. 301 cr profit

 United India Insurance Company has reported a profit after Tax of Rs 301 crore in 2014-15. The investment income of the Company for the year stood at Rs 2,126 crore as against Rs 1857 crore in the previous year, an increase of over 14 per cent.

 

The market value of the company’s investment portfolio at the end of the year stood at Rs 25,385 crore and the net worth of the company stood at Rs 5,589 crore as against Rs 5,361 crore at the end of last year, an increase of over 4 per cent.