Star-Daiichi Life's premium income may cross Rs 600 cr

Star Union Daiichi Life Insurance (SUD Life), the life insurance joint venture between Bank of India and Union Bank of India an Japanese insurance firm Dai-Ichihas underwtitten business worth Rs 242 crore during the current fiscal so far. Speaking at the launch of new products in Mumbai on Tuesday, K Sahay, chief executive officer of SUD Life, said, We plan to reach the level of Rs 600 crore through underwriting of business by the end of the fiscal. The company has earned a sum of Rs 294 crore through the sale of 71,000 policies during the period of 11 months ...

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