Govt may privatise one of its 3 general insurers after LIC IPO launch: Report

After the launch of LIC's IPO, the Centre may privatise one of its general insurance companies this year, said a report. It detailed that by the time LIC is listed on stock exchanges, the government will start work to identify one of its three general insurers, namely, National Insurance Co., United India Insurance Co. and Oriental India Insurance for privatisation.