National Insurance Company's premium in Kerala for 2013-14 is higher by Rs 3.63 crore to premium collected by United India Insurance Company, a press release said.
National Insurance Company also recorded a growth of 9.40 per cent in Kerala during the year and achieved a claim settlement ratio of 98 per cent and issued 100 percentage of policies underwritten by them.
The combined figures of public sector general insurance companies saw an impressive performance during this fiscal by achieving a growth rate of 10.24 per cent and premium income of Rs 38,603.40 crore.
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