06/01/2026
According to statistics from the Ministry of Finance and Public Enterprises, this is a 36 percent drop compared to 2025. Last year saw the state receive MVR 258 million in SOE profits in the same time frame.
05/27/2026
This likely reflects clearer communication with customers, better explanations, and earlier resolution of issues by insurers and brokers.
05/26/2026
The company has said previously that under the reorganisation its tax residence, operations, services and financing arrangements would remain largely unchanged.