1) The Union Cabinet, in January2017, approved the publiclisting of five state-ownednon-life insurance companiesand reducing the government’sstake in them to 75% from100%. Oriental InsuranceCompany, National InsuranceCompany, New India Assurance,United India Insuranceand national reinsurer GeneralInsurance Corporation ofIndia, or GIC Re, are the fivecompanies that will be listedon stock exchanges.