HomeNewsBusinessEarningsReporter's Take | Mega insurers' merger a race against time

Reporter's Take | Mega insurers' merger a race against time

The idea to merge the three insurers was to create a stronger and larger insurance company that was sustainable in the long run.

December 17, 2018 / 18:33 IST
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Moneycontrol News

The merger of three state-owned general insurance companies -- National Insurance, Oriental Insurance and United India Insurance -- has now become a race against time.

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Even as EY has been chosen as the consultant for the process, sources told Moneycontrol that the government wants to complete the basics of the process prior to the 2019 general elections.

Moneycontrol's Uttaresh Venkateshwaran talks to M Saraswathy to know why the government wants to get all approvals ahead of the 2019 elections.