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