Huge Health Insurance Loss in New India
May 25, 2022
By HealthInsuranceAdvisor
In General Insurance, Health Insurance India, Health Insurance Sahi Hai, Health Sector in India
Government-owned and listed insurer, the New India Assurance Company Ltd closed FY22 with a net profit of Rs 164.27 crore, down from Rs 1,604.69 crore logged during FY21. The company’s solvency margin also dropped to 1.66 times at the end of FY22 from 2.13 times at the end of FY21. During th...