PSU general insurers book ₹26,364 cr loss for health portfolio in last 5 years

PSU general insurers book ₹26,364 cr loss for health portfolio in last 5 years

All four public sector insurers incurred losses of ₹26,364 crore in the health insurance portfolio for the last five years due to higher claims in group policies, a CAG report said. “The losses of the health insurance business of PSU insurers either wiped out/decreased the profits of other lines of business or increased the overall […]

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