Central Bank of India set to acquire stakes in Future Generali P&C and life units: report
August 19 2024 by Kristina Shperlik
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Generali’s Indian JVs to rebrand following regulatory approvals on stake sale: report
- August 28
The branding overhaul would see "Future" omitted from the name, and will likely take place after regulators approve the stake sale by Future Enterprises Limited, according to the local media.
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Central Bank of India wins bid for minority stake in Generali’s Indian JVs
- August 22
The state-owned lender will acquire the stakes held by the insolvent Future Enterprises in the life and P&C businesses majority owned by the Italian insurance giant for a reported US$60.5m.
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AUB doubles down on UK retail expansion with Movo acquisition
- August 19
The London-based broker is the second acquisition by the company in the UK after it picked up a 40% stake in AR network Momentum in June this year.
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Indian government mulls raising insurance FDI limit to 100% from 74%: report
- August 19
The proposal, backed by IRDAI, is expected to ease other FDI rules for the sector, including a mandate to have Indian citizens in certain segments of the top management, according to a report by the Times of India.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
