Antony Jacob, managing director, Royal Sundaram Alliance Insurance Company (RSA) has been one of the longest serving managing directors of a private general insurance company in India, since the late 90s. In an interview with Nandini Goswami, Jacob, who moves over as Royal & SunAlliance''s regional finance director for Asia and Middle East in a few months, reminisces on his early...
Antony Jacob lays down the reins of Royal Sundaram shortly, to take up a new assignment with Royal & Sun Alliance Insurance Group. Having shepherded the joint venture between Royal Sun Alliance and Sundaram Finance since inception, he takes some pride in leaving on a relatively high note. The company posted 144 percent increase in net profit to Rs 21 crore in...
The first year of detariffing does not seem to be a great concern for Antony Jacob, Managing Director, Royal Sundaram Alliance Insurance Company Ltd. For, during the fiscal 2008 too, the company is targeting a 30 per cent increase in premium income at Rs 775 crore, as against Rs 601 crore during 2006-07. "We will maintain the growth rate of 30 per cent during the 2007-08...
For the full year ended March 31, 2007, Royal Sundaram Alliance Insurance Company''s net profit rose to Rs. 21.18 crore against Rs 8.63 crore registered in 2005-06, a growth of 145.42 percent. Premium income rose to Rs 600.58 crore against Rs 460.85 crore in 2005-06, recording a growth of 30.32 percent. Of the total premium written in 2006-07, personal insurance contributed...
Royal Sundaram Alliance Insurance Company, a non-life JV of Sundaram finance and Royal & SunAlliance, has reported a 168% spurt in profit before tax at Rs.27.18 crore in the year ending March 07, against Rs, 10.16 Crore in the previous year. The profit after tax went up by 146% to 21.1 crore. It registered topline growth, taking its premium income to Rs.601 crore. ...
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