Tata AIG General Insurance Company Limited recently announced a 11% growth in profit after tax to Rs. 13.6 crores for the year ending March 31st, 2006 versus Rs 12.2 crores a year ago. The profit before tax was Rs 26.9 crores. The premium income grew by 29% to Rs 606 crores from Rs 469 crores for the same period.
With the showers tickling and the heat wave a passe, sipping coffee along with an Insurance meeting is a great combination to welcome rains.However, monsoon is a horrifying memories of the monstrous monsoon last year where the entire mumbai felt the jolt and my company made a loss of 13.4 crores! Yet, its a great feeling that TATA AIG has made profits despite the flood related claims.
It is during these times when everyone is helpless and wished they have some Insurance cover. It explains what is the meaning of Insurance and affirms its necessity in today's living. During these times, an Insurance cover is a blessing in disguise. He, who has suffered, knows the best.
With the world class products and service levels, I feel proud to be a part of the group to offer its various Insurance packages.
- ilaxi, Swagat
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