Merger most likely by end of next financial year: CMD, National Insurance

In a Q&A, K Sanath Kumar says the challenge of technology and cultural convergence can be addressed

After the initial public offering (IPO) of New India Assurance last year, Kolkata-based National Insurance was next in line for an IPO early next financial year. However, now with the government proposing the merger of three public sector general insurance companies -— Oriental Insurance, National Insurance and United India Assurance -- National Insurance will now have to re-prioritise its strategies. K Sanath Kumar, chairman and managing director of the state-owned insurer, in an interview with Namrata Acharya, points out how the mega-merger will create new synergies amid challenges.

What are your views on the merger of the three public