United India Insurance logs Rs 204.30 cr profit for Q2 ...Middle East

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United India Insurance logs Rs 204.30 cr profit for Q2
Chennai: Concluding the turnaround story of the three public sector general insurers, United India Insurance Company Ltd has declared a net profit of Rs 204.30 crore for the second quarter of FY24 from a loss of Rs 347.44 crore logged during corresponding period the previous year. For the quarter ended September 30, United India had earned a net premium of Rs 4,163.80 crore (Q2FY23 Rs 3,517.97 crore) and a net profit of Rs 204.30 crore (net loss of Rs 347.44 crore). During the quarter under review, United India’s net claims paid stood at Rs 3,845.95 crore up from Rs 3,707.56 crore paid during Q2FY23. The total operating profit for the period under review stood at Rs 207.05 crore (loss Rs 37

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