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View Full Version : Higher provisioning hits non-life companies' FY11 profits



IndiaInsurance
6th July 2011, 08:23 AM
Public sector general insurance companies had their profits dented last fiscal by higher provisioning for third party motor pool, high claim ratio and poor investment income.

More... (http://economictimes.indiatimes.com/personal-finance/insurance/insurance-news/higher-provisioning-hits-non-life-companies-fy11-profits/articleshow/9120436.cms)