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    <title>Merger of State-owned General Insurance Companies</title>
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    <description>Merger announced to consolidate National Insurance Company Limited, United India Insurance Company Limited and Oriental Insurance Company Limited into a single listed insurance entity to secure economies of scale, more effective utilisation of infrastructure and improved solvency margin. Financial data on net profit, net worth and market share for the prior three years was provided by the Minister of State for Finance in a written parliamentary reply and published as a government press release.</description>
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