Highlights Public Sector Unit News

PSU General Insurers Told to Focus on Profitable Business

  • September 3, 2026
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PSU general insurers have been asked to focus on profitable business segments and reduce incurred claim ratios. The Finance Ministry has also called for stronger underwriting, digitalisation and customer service. The direction came during a performance review meeting chaired by Department of Financial Services (DFS) Secretary Sanjay Lohiya. The meeting reviewed the financial and business […]

Public Sector Unit News

LIC Q4 Net Profit Jumps 38% to ₹19,013 Crore

  • May 28, 2025
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The Life Insurance Corporation of India on Tuesday reported a 38 per cent jump in net profit to Rs 19,013 crore for the January-March quarter of the financial year 2024-25 compared to the corresponding figure of Rs 13,763 crore in the same period of the previous year. The company declared a final dividend of Rs […]