BSLI registers strong Q1 growth

Chennai, Aug 13 (UNI) Birla Sun Life Insurance Company Ltd (BSLI), has registered strong growth according to reports for the first quarter of the fiscal 2008-09.

As per the figures, BSLI enjoyed a market share of 8.15 per cent amongst private life insurance players as compared to 4.9 per cent the previous year.

BSLI's life insurance business has achieved a growth rate of 194 per cent. The total Annualised Premium Equivalent (APE) was estimated at Rs 507.4 crore, a company release here today said.

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