Bharti Axa life Insurance firm posted its first net profit of Rs 50 million for the year ended March 2018, as against a net loss of Rs 1.2 billion during the previous financial year.
The new premium has risen by 20 % from Rs 6 billion in FY17 to 7.3 Billion at the end of FY18, while renewal of premium has grown 21 % from Rs 7.8 billion in FY17 to Rs9.54 billion at the end of FY18.
