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        <h1>Public Sector Insurance Firms Boost Premium Collections by 32% Through Digital Innovation and Strategic Market Expansion</h1> Public sector general insurance companies underwent a comprehensive review, revealing significant growth in premium collections from Rs. 80,000 crore in 2019 to Rs. 1.06 lakh crore in 2025. The finance minister emphasized digital transformation, innovative product development, and improved customer experience. Companies were directed to adopt AI-driven systems, address emerging risks, and expand market reach through strategic collaborations while focusing on enhancing insurance penetration and density.

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