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ANNUAL REPORT 2011-12<br />

insurers underwrote a premium of `7,005 crore in April-<br />

June, 2012 as against `6,020 crore in April-June 2011,<br />

reporting a growth of 16.36 per cent. The public sector<br />

non-life insurers including specialized insurers underwrote<br />

a premium of `9,582 crore which was higher by 19.14<br />

per cent (`8,043 crore in the first quarter of 2011-12). The<br />

market share of the public and private insurers including<br />

specialised insurers and health insurers stood at 57.77<br />

and 42.23 per cent at the end of the quarter (57.19 and<br />

42.81 at the end of June 2011).<br />

66. The standalone health insurers collected a Gross<br />

Direct Premium of `318 crore in the fi rst quarter of<br />

2012-13 as against of `496 crore in the corresponding<br />

period of 2011-12, registering a decline of 35.89 per cent.<br />

ECGC collected Gross Direct Premium of `251 crore in<br />

the first quarter of 2012-13 (`231 crore in the same period<br />

of 2011-12), recording a growth of 8.65 per cent. AIC<br />

procured Gross Direct premium of `170 crore in the fi rst<br />

quarter of 2012-13 (`145 crore in the corresponding<br />

period of 2011-12) recording a growth of 17.24 per cent.<br />

13

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