IndiaInsurance
24th March 2012, 12:56 PM
The insurance regulator has asked general insurance companies to infuse about Rs 8,000 crore as capital. This amount will have to be brought within the next two years to boost their capital that has suffered erosion due to losses in the motor portfolio (principally, third party motor pool).
More... (http://www.thehindubusinessline.com/industry-and-economy/banking/article3155755.ece)
More... (http://www.thehindubusinessline.com/industry-and-economy/banking/article3155755.ece)