The finance ministry directed state-owned general insurers to focus on profitability over top-line growth. Following Rs 7,250 crore in capital infusions, companies like Oriental Insurance saw profitable turnarounds. Efforts now prioritize profitable lines of business, exiting loss-making segments such as motor and health insurance, aiming for sustainable improvements without further capital infusions.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5nicE0L
