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INSURANCE JV
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
CEOs quitting general insurance companies to pursue entrepreneurial venturesTop executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast...
Generali Central Life Insurance aims to double business to Rs 2,000 cr in 3 yearsGenerali Central Life Insurance plans to double its business to Rs 2,000 crore in three years. The company will leverage its partnership wi...
Mahindra, Manulife incorporate life insurance JV after MCA nodMahindra and Manulife's joint venture, Mahindra Manulife Insurance Ltd (MMIL), has officially been incorporated. This new entity aims to be...
Jio Financial and Allianz Group formally launch 50:50 insurance JVJio Allianz General Insurance has been incorporated. Jio Financial Services and Germany's Allianz each hold a 50 percent stake. The new com...
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. B...
Bharti looks to sell 85% of insurance business to PrudentialBharti Group is in talks to sell up to 85% of its life insurance business to Prudential Plc for an estimated ₹7,000-8,000 cr. This potentia...
Jio Financial shares jump 4% as firm inks 50:50 JV deal with Allianz for general, health insurance businessJio Financial Services shares jumped after it signed a binding agreement to form a 50:50 insurance joint venture with Allianz Group. The JV...
Jio Financial Services, Allianz Group ink 50:50 general, health insurance JVJio Financial Services and Allianz Group from Germany are joining forces in an exciting new insurance initiative. This equal partnership wi...
Allianz, Jio Financial Services ink 50:50 insurance JV to tap India’s growing marketJio Financial Services and Allianz Group are partnering to launch a new insurance venture in India. This 50:50 joint venture will offer gen...
Allianz Jio Reinsurance begins operationsAllianz Jio Reinsurance Ltd, a new venture by Jio Financial Services and Allianz Group, has begun operations in India. This partnership aim...
Future to sell 25% of Future Generali to JV partner Generali Group for Rs 1,252 crore“Future Enterprises progresses on its plans to monetise its investment in its insurance joint ventures with Generali, agrees to sell 25% eq...
DLF gains on selling stake in Pramerica Insurance JVDLF was the top gainer on the Nifty in early trade as investors rushed to lap it up after it sold its stake in Pramerica Insurance JV.
- Ergo picks up 26% in HDFC insurance firm
Mumbai based Housing Development Finance Corp has sold 26% equity in its general insurance business to German insurer Ergo for an undisclos...
- Munich Re arm Ergo sounds out L&T on insurance JV
German insurer Ergo has approached engineering major Larsen & Toubro to be its partner for insurance JV in the life and non-life businesses.
- BoB finalises Germany’s ERGO as its life insurance partner
Bank of Baroda (BoB) has finalised its life insurance JV partner and is expected to make an announcement soon.
- Bharti AXA announce insurance JV
Bharti Enterprises and AXA announced that they have signed a MoU to establish a 74:26 JV to launch general insurance business in India.
- HDFC, Chubb tap Irda to work out divorce
India’s largest mortgage firm HDFC and US-based insurer Chubb have approached insurance regulator Irda to help them work out a separation p...
- BoB eyes 3-way partnership for insurance JV
Bank of Baroda (BoB) is searching for a new partner for its proposed life insurance joint venture.