Government accepts VRS of Oriental Insurance chairman SN Rajeswari

She has already been selected as member (distribution) in insurance regulator, IRDAI. National, Oriental and United have reported solvency ratio of 0.02, 0.92 and 0.30 times respectively, as on March 31, 2020. The solvency margin – the minimum margin of assets required by an insurer in excess of its liabilities – is like a bank’s capital ratios.

from Banking/Finance-Industry-Economic Times https://ift.tt/3r8mkJ4