Irdai gives in-principle approval for Bharti AXA-ICICI Lombard deal ...Middle East

Business Standard - Economy

Insurance Regulatory and Development Authority of India (Irdai) on Friday gave in-principle approval for the merger of Bharti AXA General with ICICI Lombard. ICICI Lombard is progressing applications for receipt of requisite approvals from other concerned regulators for the transaction, the insurance company said in a regulatory filing. Upon closing of the proposed transaction, the consolidated entity will have a market share of about 8.7 per cent on a pro forma basis in the non-life business, it added. The proposed transaction is expected to result in value creation for all stakeholders through meaningful revenue and operational synergies, it said. "Further, policyholders should benefit fro

Hence then, the article about irdai gives in principle approval for bharti axa icici lombard deal was published today ( Friday 27/11/2020 - 07:31 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Irdai gives in-principle approval for Bharti AXA-ICICI Lombard deal )

Last updated : 27 Nov 2020 clock 07:31 PM

Also on site :

Irdai gives in-principle approval for Bharti AXA-ICICI Lombard deal ...Middle East

Fed Officials Cite Inflation Concerns in Defending Dissents

Infopro Digital Launches Global Risk & Markets Shows, Uniting Risk, Data, Technology and Compliance Leaders -- New York Edition at the Javits Center, September 23-24

The 60-Day Deadline That Could Force Trump’s Hand on Iran

Le Startup Moldova Summit 2026 met en lumière l'ascension de la Moldavie en tant que porte d'entrée des startups vers les marchés européens

Japan& 039;s Nikkei index plunges slightly

UK mortgage approvals soar as house buyers seek to avoid higher rates

Gold prices fall as inflation fears worsen

GOTRAX Launches the Ranger 16 - The Moped-Style Electric Bike Built for the Modern Rider

China Southern airlines Orders 137 Airbus aircraft worth $21.4 Billion

Best children’s savings accounts for 2026 - where to find the top interest rates

U.S. Oil and Gas Firms Sign Deals to Operate in Venezuela

The industry where women work 99 days for free - and why salaries are only part of the problem

Mortgage approvals for home purchase jumped to four-month high in March

ADGM anuncia la apertura de la oficina de Rokos Capital Management en Abu Dabi

Why this guaranteed retirement income is making a comeback - and whether it’s right for you