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Finance Ministry renews proposal to merge state-owned general insurance companies

Finance Ministry renews proposal to merge state-owned general insurance companies

by Team Small News | Nov 24, 2025 | Insurance, United India Insurance

The Indian Finance Ministry is reconsidering a proposal to merge three state-owned general insurance companies – Oriental Insurance, National Insurance, and United India Insurance – into a single entity. The proposal was initially announced in the 2018-19...
Finance Ministry renews proposal to merge state-owned general insurance companies

The Indian government is considering merging some of its state-owned insurance companies.

by Team Small News | Nov 23, 2025 | Insurance, United India Insurance

The Indian Finance Ministry is considering a merger proposal for three state-owned general insurance companies: Oriental Insurance, National Insurance, and United India Insurance. This move comes after the companies showed signs of financial recovery, following a...
Finance Ministry renews proposal to merge state-owned general insurance companies

Insurance company’s Jaisalmer branch attached on court orders

by Team Small News | Nov 19, 2025 | Insurance, United India Insurance

A court-ordered attachment of the Jaisalmer branch of United India Insurance Company Limited was carried out on Wednesday. The attachment was a result of the company’s failure to pay a motor accident claim within the stipulated period. The claim pertained to a...
Finance Ministry renews proposal to merge state-owned general insurance companies

The Supreme Court has put on hold an order that directed an insurer to pay Rs 82.80 lakh to Sreesanth due to his injury.

by Team Small News | Nov 18, 2025 | Insurance, United India Insurance

The Supreme Court of India has put a hold on an order from the National Consumer Disputes Redressal Commission (NCDRC) that directed an insurance company to pay Rs 82.80 lakh to a company that contracted players for the Indian Premier League (IPL) team Rajasthan...
Finance Ministry renews proposal to merge state-owned general insurance companies

A seven-year-old merger plan for struggling insurance companies is being revived.

by Team Small News | Nov 17, 2025 | Insurance, New India Assurance, United India Insurance

The Indian government is considering restructuring its three weak general insurance companies, National Insurance, Oriental Insurance, and United India Insurance. The goal is to limit the number of state-owned companies in non-strategic sectors, such as general...
Finance Ministry renews proposal to merge state-owned general insurance companies

Rajasthan Royals dragged to Supreme Court by insurance company over Sreesanth claim in IPL 2012.

by Team Small News | Nov 11, 2025 | Insurance, United India Insurance

The Indian Premier League (IPL) team Rajasthan Royals is embroiled in a long-standing dispute with the United India Insurance Company over an insurance claim filed due to an injury sustained by player S. Sreesanth in 2012. The Royals had taken out a “Special...
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