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BimaDeals
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Cholamandalam MS is the fastest growing company in general insurance industry

According to a study, In the industry of General Insurance, Cholamandalam MS General Insurance Company has become the fastest player..

The company has posted GWP(Gross Written Premium) of Rs 526 Crores for the period of April-December 2008,

The Company has surpassed previous year's (2007-08) GWP of Rs. 522 crore within 9 months of this year. In a statement on Friday, the company said it has posted a premium growth of 36 % (YTD), the highest in the industry.

Its market share has increased from 1.85% in March 2008 to 2.31% in November 2008.
Chola MS managing director S S Gopalarathnam said, this quarter's result is a testimony to its resilience.
The achievement is even more remarkable in the face of a challenging macroeconomic scenario which has seen a recent decline in the vehicle sales.

Chola MS offers a rich portfolio of insurance products and services for both retail and commercial segments. The wide range of products offered by Chola MS includes accident and health, marine, casualty lines, property and engineering besides motor, travel and rural segments.