ING Vysya targets Rs 150-crore premium income

By Our Banking Bureau | 11 Mar 2004

Coimbatore: ING Vysya Life Insurance has targeted a premium income of Rs 150 crore by December 2004.

Mr Gautam Sharma, Vice-President (Marketing), said the company hoped to achieve Rs 70 crore premium income by the end of the current fiscal and was confident of more than doubling it in the subsequent nine months to touch Rs 150 crore.

Mr Sharma who was in Coimbatore for the inauguration of ING Vysya's Coimbatore office.

Mr Sharma said ING Vysya was all set to introduce a group insurance product within the next month or so. "When we introduce the product, we want to make sure that we have a full portfolio," he said.