https://www.taxtmi.com/news?id=72661 Operational review of the Vision Strategy documents of LIC, GIC Re and OICL focused on medium-term and long-term planning for improving operational efficiency, financial stability and sustainable growth. Strategic directions were given to strengthen human resource and information technology frameworks to enhance service delivery and to align company policies with broader insurance-sector objectives. Insurance policy direction emphasized increasing insurance penetration and density while preserving market share, with a focus on widening coverage to a larger segment of the population and developing investment and underwriting strategies to reduce loss ratios. en-us Tue, 05 May 2026 16:34:32 +0530 Tue, 05 May 2026 16:34:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72661 Operational review of the Vision Strategy documents of LIC, GIC Re and OICL focused on medium-term and long-term planning for improving operational efficiency, financial stability and sustainable growth. Strategic directions were given to strengthen human resource and information technology frameworks to enhance service delivery and to align company policies with broader insurance-sector objectives. Insurance policy direction emphasized increasing insurance penetration and density while preserving market share, with a focus on widening coverage to a larger segment of the population and developing investment and underwriting strategies to reduce loss ratios. News - Tue, 05 May 2026 16:34:32 +0530 https://www.taxtmi.com/news?id=72661