Ernst & Young (EY) has recommended that three state-owned insurers in India – National Insurance, United India Insurance and Oriental Insurance – be merged within 18 months.
The international consultancy firm has looked at several options, including merging the three with New India Assurance, a report by Business Standard said.
You've reached your limit - Register for free now for unlimited access
To read the full story, and get unlimited access to Insurance Business website content, just register for free now. GET STARTED HERE
Already a website member? Log in below.