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MUMBAI:
Private sector general insurer Liberty Videocon is confident of
achieving its initial target of Rs 120 crore in the first year of
operations on the back of growth in motor and commercial verticals, a
top company official said here today.
"Our
target for this fiscal, which is the first year of our operations, is
Rs 120 crore. We have already collected a premium of around Rs 65 crore
as of now, which is in line with our initial target," Chief Executive
Officer of Liberty Videocon General Insurance, Roopam Asthana, told PTI
in an interaction here.
The
new entrant to the general insurance industry said around 70 per cent
of premium was collected from its retail business, while rest 30 per
cent is from commercial segments.
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Thursday, June 26, 2014
Liberty Videocon hopes to meet business target by March
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