Sundaram Finance 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 …

RSA Sells 26% Holding in India’s Royal Sundaram Alliance Insurance

RSA Insurance Group plc announced that it agreed the sale of its 26 percent holding in Indian insurer Royal Sundaram Alliance Insurance Company Limited to Sundaram Finance Limited, its joint venture partner. RSA expects to receive cash consideration of approximately …