UIICL Kochi gains first position

KOCHI: The Kochi office of the United India Insurance Company Limited (UIICL) has gained first position in the premium income sector among the company’s regional offices during the financial year 2011-12, according to a statement issued by the company.“The Kochi regional office of the Unite India Insurance Company has completed a premium of Rs 549.48 crore as against a target of `515 crore set for the 2011-12 fiscal year,” said United India Insurance Company Limited deputy general manager and regional head V Sajan.He also said that the company had marked a growth rate of 55 per cent last year, compared to the previous year’s performance.“The total premium procured in 2010-11 by the Kochi region was `355.33 crore,” Sajan added.