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Finmin asks public sector insurers to improve profitability

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NewsDrum Desk
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New Delhi, Nov 26 (PTI) Financial Services Secretary M Nagaraju on Tuesday reviewed the performance of public sector general insurance companies (PSGIC) and asked them to improve profitability.

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During the meeting, he emphasised on adoption of digital solutions and product innovation to deliver seamless services for policyholders.

He urged the PSGICs to focus on reducing losses, improving profitability, & strengthening the insured public's trust, the Department of Financial Services said in a post on X.

"On the occasion of #SamvidhanDiwas, Secretary DFS, along with officers and staff, read the Preamble of the #Constitution today to honour and uphold the ideals that define and unite our nation," another post said.PTI DP HVA

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