This also reduces the pressure on public sector insurance companies which were otherwise compelled to provide the cover and run up major losses. (indianexpress.com)
The merger will increase the combined strength of the public sector insurance companies, and also add to enterprise value. (business-standard.com)
One of the senior official informed that they were to regulate the bid among the public sector insurance companies, and later, would announce the winner of the contract within few months. (policybazaar.com)