SUD Life new business premium jumps 66% to Rs 1,926 crore in FY22


SUD Life new business premium jumps 66% to Rs 1,926 crore in FY22

SUD Life is a joint venture between public sector banks -- Bank of India and Union Bank of India -- and Dai-ichi Life Japan. The life insurer said it honored about Rs 687 crore on gross claims during FY22, as against Rs 271 crore during the same period last year. The annual claim settlement score registered an improvement of 253.50 per cent, SUD Life said in a release.


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