Birla Sun Life aspires to emerge amongst the top 3 life insurance companies

Birla Sun Life Insurance (BSLI) a part of Aditya Birla Group hasexpressed its aspiration to emerge as amongst the top 3 insurancecompanies in India. For this, company plans to launch contemporaryproducts. It also plans to expand its network of branches in India.

InFY 2008-09, company stood at the fifth position having a 9% marketshare (amongst private players) in terms of weighted new receivedpremium (WNRP). The company recorded a rise by 44% in WNRP in FY2008-09, thus to achieve second highest growth rate amongst top tenlife insurance company in India.

Presently, BSLI has network of600 branches. The company has made efforts to strengthen itsinformation technology (IT) platform to support growth.