ICICI Prudential Life Insurance earned a new concern leaden insurance premium of Rs 6,684 crore during the fiscal twelvemonth 2007-08, registering a growing of 68% over the last year.

The corresponding new concern annualised insurance premium equivalent for FY08 stood at Rs 6,519 crore, registering a growing of 49% over the last year.

The company crossed the 7 million policies grade during FY08.

Commenting on company's performance, Shikha Sharma, managing manager and CEO, said, "Our success is founded on our ability to understand and accommodate to customers' needs. FY 2007-08 proverb us strengthening our statistical distribution web additional and launch alone services to increase client and distributer convenience.

With our expanded network, we are now well positioned to guarantee the bringing of our merchandises and services to clients across the country. These enterprises have got enabled us to keep our leading place in the market."

In line with its growing strategy, ICICI Pru increased its subdivision count to over 1,950 and employee strength to over 28,000. The adviser alkali rose to over 2,90,000.

Also, the stockholders infused Rs 410 crore of working working capital in February, taking the sum capital to Rs 3,772 crore.

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