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As per an official, Chief Managing Director of New India Assurance Co. Ltd Mr. G. Srinivasan presented a dividend cheque of Rs 220 crore to the Union Finance Minister Mr. Arun Jaitly on Thursday.
The state-owned general insurance companies- New India Assurance, National Insurance Company, United India and Oriental Insurance Company Ltd have jointly registered a growth of 10 % in gross premium during the fiscal year 2013-14 and have projected a 100% increase in the next five years.
Source: http://www.insuringindia.com
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