Tag: General insurance

Steadfast Group acquires Australian insurance broker Coverforce for $293m

businessnewstoday- August 20, 2021 0

Australian insurance broking network Steadfast Group has wrapped up the previously announced AUD 411.5 million ($293.62 million) acquisition of Coverforce Holdco. Coverforce is an Australian ... Read More

AXA to divest Malaysian insurance business to Generali for €140m

businessnewstoday- June 23, 2021 0

French insurance company AXA has agreed to divest its insurance operations in Malaysia to Italian insurer Generali for €140 million. The sale includes AXA’s 49.99% ... Read More

HDFC to sell 5% stake in HDFC ERGO to HDFC Bank for $260m

businessnewstoday- June 19, 2021 0

Housing Development Finance Corporation (HDFC) said that its board has approved the sale of a 4.99% stake for INR 10 per share or INR 1,906 ... Read More

ICICI Lombard General Insurance posts INR3.45bn net profit in Q4 FY2021

businessnewstoday- April 19, 2021 0

ICICI Lombard General Insurance Company has reported a net profit after tax of INR3.45 billion for the fourth quarter of the fiscal year 2021 (Q4 ... Read More

Intact Financial and Tryg to acquire British insurer RSA for £7.2bn

businessnewstoday- November 18, 2020 0

Intact Financial, a Canadian insurance giant, and Danish insurance company Tryg have struck a deal to acquire British insurance group RSA for nearly £7.2 billion ... Read More

ICICI Lombard General Insurance to acquire Bharti AXA General Insurance

businessnewstoday- August 22, 2020 0

ICICI Lombard General Insurance acquisition of Bharti AXA General Insurance : Indian insurance companies ICICI Lombard and Bharti AXA have agreed to merge their general ... Read More