 "Health insurance")
Exide Life Insurance has registered a 88.7 per cent jump in net profit at Rs 28.3 crore for fiscal year ended March 2020.
The private sector insurer had registered a net profit of Rs 15 crore in fiscal year 2018-19.
This is the eighth consecutive year in which the company has reported profit, Exide Life Insurance said in a statement.
Gross written premium during the year rose 12 percent to Rs 3,220 crore.
The company, a 100 per cent subsidiary of Exide Industries, has continued its emphasis on protection products, resulting in protection business mix increasing from 9 per cent of
