Three Indian insurers to receive an additional capital infusion

The Indian government intends to inject 30 billion INR (365.6 million USD) in the capital of three non-life insurance companies: National Insurance Company, Oriental Insurance Company and United India Insurance.

This operation will help improve the financial health and solvency of the state-owned companies.

The government had already granted a sum of 50 billion INR (609.3 million USD) to the three insurers in 2022.