News Coronavirus watch10 Jun 2021

India:COVID-19 to push up general insurers' underwriting losses

10 Jun 2021

General insurers will see underwriting losses rise in the financial year ending 31 March 2022 (FY22) due to higher medical claims following the second wave of COVID-19 infections, coupled with a decline in businesses such as motor insurance, the credit rating agency ICRA says in a report.

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