United India posts 21% rise in net profits
United India Insurance Co has posted 21% growth in net profit at Rs192 crore for the quarter ended 30 June 2012 (2011: Rs 159 crore).
Premium income grew by 20% to Rs2,428 crore during the quarter from Rs2,022 crore in 2011.
Profitability was driven predominantly by a fall in operating expenses from 24.22% of net earned premium to
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