Gross written premium rose 22 percent to 2.54 billion rupees according to interim results announced by the firm, while total revenue was reported as growing 21 percent to 2.67 billion rupees.
Eagle Insurance chairman Grant Barrans said in the statement that profits earned by general insurance business in the first half of 81 million rupees was 64 percent higher than the first half of last year.
"This was mainly contributed by higher net earned premiums and investment income earned on fixed income securities."
The firm paid 427 million in claims, up 54 percent.
"The company’s continuous commitment towards the implementation of expense management initiatives enabled Eagle to keep the group’s operating expenses for the period within acceptable levels," Barrans said.
In the six months to Jun