New India Assurance News
State-run insurers asked to raise premiums
The finance ministry has asked state-run general insurers to increase premiums on health insurance, motor and other policies, and refrain from undercutting each other to get new business.
In a recent letter to National Insurance, Oriental Insurance, New India Assurance and United India Insurance, the ministry laid out a strategy for underwriting group health insurance policies. It said premiums on
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