<h1>Government Announces Merger of Three Public Sector Insurance Companies to Enhance Infrastructure and Solvency Margin.</h1> The Union Minister of Finance announced the merger of three public sector general insurance companies: National Insurance Company Limited, United India Insurance Company Limited, and Oriental India Insurance Company Limited into a single entity, which will later be listed. This merger aims to enhance infrastructure utilization and improve the solvency margin. The announcement included details on the net profit, net worth, and total market share of these state-owned companies over the past three years, as stated by the Minister of State for Finance in a written reply to the Rajya Sabha.