Ministry of Statistics to share data with insurers

The Union Ministry of Statistics and Programme Implementation, is ready to share vital data with the insurance companies and provide consultancy, which would be useful for insurance companies and other financial services.

As reported by Business Line, Dr Pronab Sen, Chief Statistician and Secretary of the Ministry said, "Though our primary task is to provide data on various aspects to the Planning Commission, we do possess lot of figures, which will be useful for the insurance and other financial services providers."

"Unfortunately, nobody approaches us for data on insurance/banking even though we are sitting on a large data base," he added.

"If there is a dialogue between us and the insurance industry, we can guide them to the right data base. We are ready to provide consultancy if asked," Dr Sen said.