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March 2018

Merger of three Public Sector Insurers in India and its effect

After successful listing of largest and market leader among Public sector Insurers - New India Assurance, Govt. of India in its budegt declared the merger of three public sector insurers in India namely National Insurance Company, United India Insurance and Oriental Insurance. Though it is presented as huge step forward int he industry, the policy holder and market seems to be confused as what is in store goinf forward? 

Shorterm effect