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Generali has completed the acquisition of the majority stakes in the AXA's property/casualty and life businesses in Malaysia, which will position it as a
The insurer eyes high potential, fast-growing markets to deliver profitable growth.
The insurer could still boost its grip by acquiring a higher stake by the end of 2022.
Generali has agreed to become the majority shareholder in both its property/casualty and life joint ventures in India. For the P/C business, Generali has
India has recently raised the Foreign Direct Investment limit in the insurance sector from 49% to 74%.