ICICI Lombard General Insurance to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance to acquire Bharti AXA General Insurance

ICICI Lombard General Insurance acquisition of Bharti AXA General Insurance : Indian insurance companies ICICI Lombard and Bharti AXA have agreed to merge their general insurance businesses in an all-stock deal, in a move to create the third-largest non-life insurance company in India with nearly INR 164.47 billion ($2.2 billion) annual premium. The merger of […]

Pay As You Drive motor insurance policy launched by Bharti AXA and PolicyBazaar

Pay As You Drive motor insurance policy launched by Bharti AXA and PolicyBazaar

Pay As You Drive motor insurance policy : Bharti AXA General Insurance and PolicyBazaar.com, an online insurance aggregator, have come together to launch usage-based motor insurance coverage called ‘Pay As You Drive’ in India. The usage-based motor insurance product was shortlisted by the Insurance Regulatory and Development Authority of India (IRDAI) for its regulatory sandbox […]

Airtel Payments Bank, Bharti AXA to offer COVID-19 insurance solutions

Airtel Payments Bank, Bharti AXA to offer COVID-19 insurance solutions

COVID-19 insurance cover : Airtel Payments Bank has joined forces with Bharti AXA General Insurance for providing simple and focused health insurance plans in India to offer financial protection against COVID-19 along with other health conditions. Two health insurance plans – Bharti AXA Group Health Assure and Group Hospital Cash have been rolled out under […]