It has been declared by Nirmala Sitharaman, the Finance Minister that there will be merging of Insurance, National Insurance, and United India for creating the biggest non-life insurance firm of India.

There will be a modification in the General Insurance Business Nationalization Act in Budget 2019 to 2020 to execute the same.

However, according to a few estimations, there will be a loss of 10 to 15 thousand jobs after the ....