मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Weak PSU insurers may get fresh capital in budget
Hindustan Times Bengaluru
|December 16, 2024
Govt may allocate ₹4,000-5,000 crore to help general insurers meet solvency rules
NEW DELHI: The government may infuse fresh capital into its loss-making general insurers in the next financial year to strengthen their operations and help them meet regulatory requirements, two people aware of the plans said.
The Union budget may allocate fresh capital for these insurers after reassessing their quarterly parameters in the nine-month period ending December 2024, the people said on the condition of anonymity.
At three of the weak state-owned general insurers, solvency ratio—a key requirement for insurers to continue servicing their customers—is expected to turn positive after the capital infusion. Solvency ratios at National Insurance, United Insurance and Oriental Insurance stood at -0.45, -0.59, and -1.06 at the end of FY24, against the minimum required 1.5.
यह कहानी Hindustan Times Bengaluru के December 16, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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