Generali to become majority shareholder in Indian life JV
Deal is a ‘further step ahead in our growth journey in this high potential market’
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Deal is a ‘further step ahead in our growth journey in this high potential market’
Future Group sells 25% stake in general insurance JV to partner Generali for Rs 1,253 cr
Global insurance major Generali today said it had signed agreements to become the majority shareholder in both its Life and Property & Casualty (P&C) joint ventures in India.
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%.