News Non-Life02 Feb 2018

India:Budget for 2018-19 proposes merger of three public sector general insurers

| 02 Feb 2018

The Union Budget for the 2018-19 fiscal year (FY2019) presented to the Indian parliament yesterday has proposed the merger of the three public sector general insurance companies, National Insurance, United India Insurance and Oriental Insurance into a single insurance entity prior to being listed on Indian bourses.

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