National Insurance Company aims for Rs 100-200 cr profit in FY25 ...Middle East

Business Standard - Economy
National Insurance Company aims for Rs 100-200 cr profit in FY25
source : Business Standard ( Middle East ) () 44
Public sector general insurer National Insurance Company Ltd (NIC) is aiming at a return to profit in the current 2024-25 fiscal, after incurring losses for nearly a decade, an official said on Saturday. The company is expecting Rs 100-200 crore profit this year, NIC Executive Director T Babu Paul said. The Kolkata-based insurer noted that a single-digit revision in policy tariffs is expected as medical treatment costs have increased, he said. "We were able to narrow down the loss to Rs 187 crore in FY'24 (2023-24) from a whopping Rs 3,865 crore loss in the previous year. We expect to post a net profit of Rs 100-200 crore, provided no catastrophe hits us in the remaining quarters," Paul said

Hence then, the article about national insurance company aims for rs 100 200 cr profit in fy25 was published today ( ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( National Insurance Company aims for Rs 100-200 cr profit in FY25 )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
Trump-Linked Tungsten Deal in Kazakhstan Moves Forward
OILPRICE - before 11 hour & 16 minute
Trump Cannot Just Win the Strait. He Has to Win the Oil Curve
OILPRICE - before 7 hours & 30 minute
Water Is Quietly Becoming One of the Biggest Risks in Energy
OILPRICE - before 8 hours & 34 minute
Persistent hat die Databricks Brickbuilder-Spezialisierung für das Gesundheitswesen und die Biowissenschaften erlangt und erweitert damit sein Angebot an produktionsreifen Daten- und KI-Lösungen für regulierte Umgebungen
PR Newswire - before 4 hours & 13 minute
U.S. Energy Secretary: Iran Cuts Oil Output as Exports Collapse
OILPRICE - before 10 hours & 33 minute
Die 139. Canton Fair ist zu Ende gegangen: Sie hat neue Impulse für den Außenhandel gegeben und neue Maßstäbe in Sachen Offenheit gesetzt
PR Newswire - before 4 hours & 50 minute
Trump Pivots on AI Regulation, Worker Ousted by DOGE Runs for Office, and Hantavirus Explained
WIRED - before 7 hours & 40 minute
Canada Scores Record Trade Surplus on High Oil
OILPRICE - before 9 hours & 22 minute
Ashby Expands Its AI-Native ATS With Agents, Assistant, and MCP Support
PR Newswire - before 11 hour & 40 minute
Canadian Natural Says Pipeline Needed to Unlock Oil Sands Growth
OILPRICE - before 10 hours & 56 minute
Pylontech von BloombergNEF als Tier-1-Energiespeicherhersteller anerkannt
PR Newswire - before 11 hour & 57 minute
Frost & Sullivan Highlights Cooling as a Strategic Imperative in the AI Era in New Data Centre Whitepaper
PR Newswire - before 7 hours & 2 minute


Latest News

Persistent obtient la spécialisation Databricks Brickbuilder pour les secteurs de la santé et des sciences de la vie, lui permettant d'élargir l'offre de solutions de données et d'IA prêtes à la production pour les environnements réglementé

before 10 minute

Sohu.com to Report First Quarter 2026 Financial Results on May 18, 2026

before 25 minute

Musk vs. Altman Evidence Shows What Microsoft Executives Thought of OpenAI

before 3 hours & 38 minute

Oil Prices Jump After U.S. and Iran Exchange Fire in Strait of Hormuz

before 4 hours & 4 minute

Persistent hat die Databricks Brickbuilder-Spezialisierung für das Gesundheitswesen und die Biowissenschaften erlangt und erweitert damit sein Angebot an produktionsreifen Daten- und KI-Lösungen für regulierte Umgebungen

before 4 hours & 13 minute

Die 139. Canton Fair ist zu Ende gegangen: Sie hat neue Impulse für den Außenhandel gegeben und neue Maßstäbe in Sachen Offenheit gesetzt

before 4 hours & 50 minute

Why These 5 Drone Stocks Could Outperform This Summer

before 5 hours & 16 minute

/C O R R E C T I O N -- App Defense Alliance/

before 5 hours & 43 minute

How Brazil Became Asia’s Emergency Oil Supplier

before 5 hours & 52 minute

Venezuela Lands Billions in Oil Deals as Industry Rushes Back

before 6 hours & 31 minute

Frost & Sullivan Highlights Cooling as a Strategic Imperative in the AI Era in New Data Centre Whitepaper

before 7 hours & 2 minute

Trade court rules against Trump’s global tariff

before 7 hours & 18 minute

Sunseeker Robotics Unveils X Gen 2 Series Robot Mower at Spring Spectacular, Advancing Wire-Free Lawn Care for North America

before 7 hours & 19 minute

Trump Cannot Just Win the Strait. He Has to Win the Oil Curve

before 7 hours & 30 minute

Trump Pivots on AI Regulation, Worker Ousted by DOGE Runs for Office, and Hantavirus Explained

before 7 hours & 40 minute