Reliance General Insurance (RGI) has recorded a net profit of Rs165 crore, a YoY rise of 27 per cent in 2017-18.The company’s profit was Rs. 46 crore, a YoY increase of 8 per cent,for the quarter ended March 31, 2018, .


The company’s gross written premium was Rs 5,122 crore, a YoY increase of 28%, in 2017-18.The company’s gross written premium rose to Rs1,081 crore, a YoY increase of 37% , for the quarter ended March 31, 2018, 


The investment book of the general insurer stood at Rs 7,999 crore, a YoY increase of 19 per cent, as on March 31, 2018.The net worth of the company was Rs. 1,405 crore,  a YoY increase of 12 per cent, in 2017-18..


 As on March 31, 2018, RGI had a distribution network of 128 branches and approx 27,900 agents and has a private sector market share of 7.7%, in terms of gross premium, of the private sector general insurance industry.


Meanwhile,Reliance Nippon Life Insurance (RNLI) has recorded  a total premium (net of reinsurance) Rs 4,042 crore in FY 2017-18 when its renewal premium has gone up by six per cent to Rs 3,154 crore.


The New Business Premium of the company was Rs. 916 crore  during the reporting period.The  Value of New Business (VoNB) was at Rs. 289  crore,  a YoY increase of 46 per cent, in 2017-18.


The New Business Achieved Profit (NBAP) margin of the life insurer was at 37.7% – highest in the Life Insurance sector during the reporting period.


The total funds under management of the company stood at Rs 19,096 crore,  a YoY increase of 11 per cent as on March 31, 2018.


The Embedded Value of the business was Rs. 3,220 crore,  a YoY increase of six per cent , during the reporting year.  


The distribution network of the company stood at approx. 750 offices and over Rs 65,000 active advisors across India.The company’s 13th month persistency improved to 72% as on March 31, 2018, as against 65% as on March 31, 2017