India, May 28 -- The Government of India issued the following news release:
Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired a review meeting of Public Sector General Insurance Companies (PSGICs) in New Delhi today. The meeting was attended by Secretary, Department of Financial Services (DFS), Shri M. Nagaraju, and the Managing Directors of PSGICs-New India Assurance, United India Insurance, Oriental Insurance, and National Insurance, General Insurance Corporation of India (Reinsurance), Agriculture Insurance Company of India Limited, along with other senior officials of the Ministry of Finance.
During the meeting, the Union Finance Minister reviewed key performance indicators including premium collections,...