New India slips into red with 1,267 cr loss in Q2
viaeconomictimes.indiatimes.com3d ago
New India Assurance Company has revealed a concerning net loss of ₹1,267 crore for the September quarter, sharply contrasting with last year’s profit of ₹63 crore. The sharp downturn is attributed to underwriting losses in key segments such as property, motor, and health insurance. Despite this,…
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