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Byline: Charoen Kittikanya
May 4--Navakij Insurance Plc is confident about being able to achieve it business targets for this year after posting a healthy 42 percent growth in premiums in the first quarter.
According to Suchin Wanglee, the chairman of Navakij's executive board, direct premiums in the first quarter exceeded 300 million baht, a 42 percent rise from the same period last year, while investment yields remained as high as at 14 percent, the rate generated by the company for all of 2003.
When consolidating the figures with those of International Assurance, which Navakij acquired two years ago, premiums increased to 360 million baht ...