May 4, 2021
India’s Choice Group has launched an insurance aggregator platform called ISMOS that will offer life, health and general insurance. Suyash Patodia, executive director of Choice Insurance Broking, calls ISMOS is a one-stop solution to improve the low insurance penetration in …
May 30, 2019
Beleaguered Indian tycoon Anil Ambani is in talks to sell his group’s general insurance unit to a shadow lender, people familiar with the matter said, as he seeks to reduce debt. Reliance Capital Ltd., controlled by Ambani, is discussing the …
November 15, 2017
Apax Partners and Carlyle Group LP are among suitors weighing bids for a stake in Indian insurer Royal Sundaram General Insurance Co., people with knowledge of the matter said. The unit of Mumbai-listed Sundaram Finance Ltd. has started a process …
September 8, 2017
ICICI Lombard General Insurance Co Ltd’s initial public offering of shares opening next week aims to raise up to 57 billion rupees ($892 million), the latest listing in what is expected to be a record-setting year for India. India has …