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News From Press Merger of three PSU general insurers likely before next fiscal-end

Merger of three PSU general insurers likely before next fiscal-end

Source: Business Standard Feb 14, 2018

The merger of the three public sector general insurance companies -- National Insurance Company (NIC), United India Insurance and Oriental Insurance Company -- is likely to be completed before the end of the next financial year.

The chiefs of the three companies will have their first meeting with the government on this issue on the 16th of this month.


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