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Sharp rise in Birla Sun Life’s APE

CHENNAI: Birla Sun Life Insurance has registered a business growth of 194 per cent in the first quarter of the current accounting period. Total annualised premium equivalent (APE) stood at Rs. 507.40 crore against Rs. 185.30 crore in the corresponding period in the previous year. According to a release, the first quarter has witnessed an expansion in distribution network.

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