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Economy News

The Economic Times

Economy / The Economic Times

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State-run general insurers to submit turnaround plans

State-run general insurers must submit board-approved plans to the government for reducing unprofitable business segments. The government aims to evaluate the performance of these companies based on a time-bound roadmap for organic solvency. Policies regarding better pricing, oversight, and structured reinsurance for risky insurance areas are also being emphasized.

2 Nov 2026 1:00 am