News From Press Three public sector general insurers lose market share in 2019-20: IRDAI report

Three public sector general insurers lose market share in 2019-20: IRDAI report

Source: The Hindu BusinessLine Feb 15, 2021

The market share of public sector general insurers fell to 38.78 per cent in 2019-20 from 40.52 per cent in 2018-19 although in the life insurance sector, Life Insurance Corporation of India has roughly managed to maintain its market share in the period with only a marginal decline.

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