News Non-Life18 Feb 2021

India:Non-life sector posts net loss of over US$200m for FY2020

| 18 Feb 2021

The general insurance industry in India posted a net loss of INR14,940m ($205m) for the financial year ended 31 March 2020 (FY2020),as against a net profit of INR6,830m for FY2019, according to the 2019-2020 annual report of the IRDAI that was released last week.

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