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NIACL: Muted premium growth and higher claims led to a net loss, but solvency remains robust at 1.80x
Gross written premium grew 2.9% year-over-year, but the quarter ended with a consolidated net loss of ₹24,394 lakhs due to adverse claims in Motor and Property lines. Solvency remains strong at 1.80x, with management focusing on retail and MSME segments amid industry headwinds.Original document: Ne…