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Three Indian insurers to receive an additional capital infusion

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Magazine Issue: 
Atlas Magazine, 20 years of publication [3]
Magazine date: 
Apr 2023

Sotck exchangeThe Indian government intends to inject 30 billion INR (365.6 million USD) in the capital of three non-life insurance companies: National Insurance Company, Oriental Insurance Company and United India Insurance.

This operation will help improve the financial health and solvency of the state-owned companies.

The government had already granted a sum of 50 billion INR (609.3 million USD) to the three insurers in 2022.

Read also | Main insurance companies in India [4]

Wed, 19/04/2023 - 12:40

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