National Insurance aims to be back in black in FY'25 with Rs 100-200 cr profit

National Insurance Company Ltd (NIC) aimed to return to profit in the 2024-25 fiscal after nearly a decade of losses, reducing its FY 2023-24 loss to Rs 187 crore. The insurer targeted a Rs 100-200 crore profit, planned policy tariff revisions, and shifted focus towards retail health and motor insurance products.