
FM directs public sector general insurers to develop products tailored to new and emerging risks, including cyber fraud
Published on: May 29, 2025, 4:22 a.m. | Source: Livemint
Finance and corporate affairs minister Nirmala Sitharaman has PSGIC to develop innovative insurance products tailored to new and emerging risks, including cyber fraud, and to diversify product portfolio in line with evolving consumer needs in a bid to strengthen operations and generate profits.