 "insurance,state-run insurance firms")
After the Cabinet approved a Rs 2,500-crore infusion into three state-owned general insurance companies on Wednesday, the finance ministry is hoping the additional bill will be far lower than Rs 6,950 crore pencilled in by Budget 2020-21.
The CMDs of the three companies, Oriental Insurance, United India Insurance and National Insurance have been advised by the government to quickly bring their claims settlements in each line of business — motor, health and fire — in sync with each other. The companies would soon announce the formation of joint Lok Adalats as well as take the help of the insurance
The CMDs of the three companies, Oriental Insurance, United India Insurance and National Insurance have been advised by the government to quickly bring their claims settlements in each line of business — motor, health and fire — in sync with each other. The companies would soon announce the formation of joint Lok Adalats as well as take the help of the insurance
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