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Finance Secretary pushes PSUs to slash loss ratios and expand rural retail reach

Economy
Published on 29 April 2026
Finance Secretary pushes PSUs to slash loss ratios and expand rural retail reach

Four insurance PSUs got a sharp target push

Financial services secretary M Nagaraju reviewed strategy documents for four public sector insurance companies, urging them to identify more investment opportunities while cutting loss ratios. The directive also requires sustaining market share, strengthening retail portfolios, and expanding in rural and semi-urban areas to improve overall performance and customer reach.

  • M Nagaraju reviewed strategy for four public sector insurers
  • Cut loss ratios while boosting investment opportunities
  • Maintain market share and strengthen retail portfolios
  • Expand presence in rural and semi urban areas
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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