Edelweiss Group sells off stake in insurance broking business to Gallagher
Edelweiss Group, an Indian financial services firm, has sold its stake of 70% in Edelweiss Gallagher Insurance Brokers (EGIBL) to global insurance brokerage — Gallagher. The deal, which was announced in July 2021, has been closed following approval from the Insurance Regulatory and Development Authority of India (IRDAI). Its financial terms were not disclosed. According […]