According to industry observers, the decision to undertake an independent assessment augurs well to reassure investors, especially equity investors, who have borne the major brunt in the saga and have witnessed steep wealth erosion.
GIC Re reports 9.7% profit jump to Rs 1,922 crore driven by improved claims and underwriting
General Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims management and underwriting. The company