ICICI leading private sector with market share of 11.8 pc

Kolhapur, May 19 (UNI) ICICI Prudential Life Insurance, India, Senior Vice-Chairman and Sales Service Chief Anup Rao today said that the company continues to lead the private sector and sustain its leadership position, with an overall market share of 11.8 per cent during FY 2007-2008.

Addressing a joint press conference here, Mr Rao and Zonal Manager Vijay Joshi said that in the same financial year, due to its good performence in new businesses, with a premium of Rs 6,684 crore, it has registered a growth of 68 per cent over last year.

The comany has sold over seven million policies and crossed the Rs 28,000 crore mark in held assets, Mr Rao said.

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