Because of the aggressive private enterprises that are stepping up their competitiveness, public sector general insurers have once again lost Read more
The solvency positions of India’s three public sector undertaking (PSU) general insurance companies are precarious, having worsened in FY23. This Read more
The Finance Ministry has asked Central Public Sector Enterprises (CPSEs) and government departments to relax the requirement of minimum solvency Read more
PSU general insurers will hire an external consultant to advise them on organisational restructuring and performance management. This comes as Read more
Finance Ministry has asked 3 PSU General insurers, National Insurance, Oriental Insurance and United India Insurance, to rationalise branches Read more