Allianz mulls alliance with India’s Jio after Bajaj sale: report
March 19 2025 by InsuranceAsia News
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Allianz ‘will explore new opportunities’ in India as it exits JVs with Bajaj for US$2.8bn
- March 18
German insurer will sell its 26% stake in Indian non-life and life insurance JVs to Bajaj Group.
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Seoul Guarantee shares rally 23% on Kospi debut
- March 17
Insurer also confirms a 2024 year-end dividend of US$138m for investors holding shares through April.
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India’s Patanjali, DS Group to acquire Magma General Insurance for US$517m
- March 14
Magma, which operates motor, health, property and other commercial lines, reported a GWP of US$379m in FY2024.
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Meritz Fire & Marine withdraws offer to buy troubled MG Non-Life
- March 13
South Korean insurer could face liquidation as the Korea Deposit Insurance Corporation (KDIC) evaluates its options.
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