New Delhi, May 9 -- New Delhi: The government has deferred plans to merge or privatize three public sector general insurance companies to FY27 after they posted profits, people familiar with the matter said, giving them time to notch up sustained profitability.

United India Insurance, Oriental Insurance Company and National Insurance Company-are the weaker of the four state-owned general insurers. But they posted profits in the first nine months of FY25, a turnaround after years of losses.

United India reported profits of Rs.27.45 crore, Oriental Insurance Rs.368.37 crore and National Insurance Rs.29.46 crore in the period. The fourth company, New India Assurance, is the stronger of the quartet.

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