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Life insurance industry’s achievement

CHENNAI: The life insurance industry has crossed the 10,000-branch mark. According to a release, more than two-thirds of the total 10,037 branches are located in semi-urban and rural pockets. The industry is providing direct employment to 3.07 lakh people. The total premium of all life insurance companies stood at

Rs. 86,500 crore for the six months ended September 30, 2008 against Rs. 2.01 lakh crore collected during the whole of 2007-08. — Corporate Reporter

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