Are the financial results of our General Insurance Companies disappointing?

Are the financial results of our General Insurance Companies disappointing?

Yes, it is disappointing to see that large numbers of General Insurance Companies are incurring losses and heavy losses.

Loss figure leaves impression that claims settlement will be a delayed process and may be you will have to settle with figure of 60% or 70%.
Of claim lodged. This is because of the fact that it is important for insurance companies to pay salaries/ bills/travel expenses and then only they can think of funds availability for payment of claims?

We will be happier to see profit making and financially strong insurance companies.