Royal Sundaram General Insurance Co News

Belgium’s Ageas Acquires 40% Stake in Indian Non-Life Insurer RSGI

Brussels-based insurer Ageas has acquired 40 percent of the share capital of the Indian Non-Life insurance company Royal Sundaram General Insurance Co. Limited (RSGI) for a total cash consideration of €185 million ($160.5 million). The deal, which was first announced …

Ageas Agrees to Acquire 40% Stake in India Non-Life insurer RSGI

Brussels-based insurer Ageas announced it has signed an agreement to acquire 40 percent of the share capital of the Indian non-life insurance company Royal Sundaram General Insurance Co. Ltd. (RSGI) for a total consideration of €186 million (US$209.4 million). RSGI …

Apax, Carlyle Reported Among Bidders for Indian Insurer Royal Sundaram

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 …