Listing will take seven to eight months: K Sanath Kumar

K Sanath Kumar, chairman and managing director of National Insurance spoke to Namrata Acharya

Kolkata-based National Insurance, third largest non-life insurer in India, expects to hit the capital market in the next seven to eight months. However, it faces challenges like a low solvency ratio, high exposure to risky portfolios and a falling market share. 

K Sanath Kumar, chairman and managing director, spoke to Namrata Acharya on the plan to address these in a competitive market. Edited excerpts:

How prepared are you for listing? 
 

There was an announcement on this for the sector in the previous Budget. So, some preparation was already in place. Recently, the Cabinet approved our actual listing and we have