Government General Insurance Companies To Shift Focus: Car and Health Insurance To Be Discontinued!

India’s Ministry of Finance has made a bold move to restructure the operations of government general insurance companies, urging them to concentrate on profitable business areas only. In doing this, state-run insurers, such as Oriental Insurance, National Insurance and United India have decided to let go of their car insurance and health insurance product lines that are known to be loss-making. This action is part of a broader initiative aimed at improving their financial performance to ensure viability and profitability in the competitive insurance industry.

https://www.jaagrukbharat.com/government-general-insurance-companies-to-shift-focus-car-and-health-insurance-to-be-discontinued-MTE4Ng==

 

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