Public joint-stock company Russian state insurance company (MISX:RGSS) reportedly may enter into merger with Otkritie Holding JSC. According to market's source, RGS private pension fund may enter into a deal of Public joint-stock company Russian state insurance company and Otkritie Holding' assets merger. It will fall under control of Otkritie Holding Group together with Public joint-stock company Russian state insurance company and Public joint-stock company Rosgosstrakh Bank (RGS Bank). The merger procedure may take about six months.