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More Beauty Pageants Photos Videos. More Fashion Specials Debate Photos Videos Platinum. PSU insurers post losses in H1FY17 on higher claims Rachel Chitra. Public sector insurers such as United India and Oriental Insurance have posted losses for the first half offaced with higher claims, operating costs and an aggressive sales strategy. Solvency margins — a key indicator of a company's profitability and ability to settle claims — also raised red flags. Solvency ratios of National Insurance 1.

Many private players such as Future Generali, Bharati Axa General, Kotak Mahindra, Star Health and Cigna TTK also posted significant losses.

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Their loss before tax for the first half of was Rs But for young private players, they need to balance growth with profitability and solvency margins. One can't deplete capital reserves. We are an industry that operates on unpredictability — catastrophes, terrorism, natural disasters. Another problem is overcompetition among insurers for the same how much would mayweather make against pacquiao without increasing insurance penetration.

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India's general insurance industry's penetration levels are at an abysmal 0. From around the web This 9-year-old doesn't know he has Cancer! Help save Sayed from aggressive blood Cancer!

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Ricotta and Herb Spread. Read More PSU penetration National Insurance losses insurance. Featured Today In Travel. From our Global Partners.

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