News Non-Life14 Aug 2018

India:Govt's crop insurance plan turns profitable for insurers

14 Aug 2018

The government-backed crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has turned profitable in the first quarter of FY2019 (April to June 2018) after bleeding for two years. Better pricing coupled with low claims have led to underwriting profits in crop insurance.

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