Due to the mega-merger of insurance firms around 15 thousand employees will be laid off

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 ....

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Due to the mega-merger of insurance firms around 15 thousand employees will be laid off

Published On 02 Dec 2019 11:49 AM

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