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The 23-player life insurance industry in the country made a total loss of Rs 988.82 crore in the financial year 2009-10, according to the latest annual report of Insurance Regulatory Authority of India (Irda). But the more pertinent point is that the industry has reduced its loss by a whopping 80 per cent from net loss of Rs 4,883 crore in 2008-09.
Read more on: Life insurance cos cuts loss by 80%
Source: www.deccanherald.com
Posted by Ganesh Dalvi at 11:41 AM
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