Reliance General Insurance Co. Ltd., for the quarter ended December 31, 2022 reported a internet revenue of ₹60 crore as in contrast with a internet revenue of ₹48 crore within the year-earlier interval, up 25%.
Profit earlier than tax grew to ₹84 crore from ₹75 crore within the year-earlier interval.
Gross Written Premium elevated to ₹2,470 crore from ₹2,171 crore.
For the 9 months interval ended December 31, 2022, it posted Gross Written Premium of ₹8,208 crore, up 13%.
The firm has grown its Investment Assets at 20% to ₹16,581 crore for 9M FY23 as in opposition to ₹13,861 crore within the year-earlier interval.
“The company is operating at 6.6 times the Investment AUM / Net Worth Ratio, which is one of the best in the industry and shows a strong cash accrual,” it mentioned in a press release.
