by AIP Online Bureau | Mar 8, 2022 | Indian News, Life, Non-Life
A Mumbai city court late last month put on hold Future’s planned sale of its 25% stake in Future Generali India Insurance Company to Generali for 12.52 billion rupees ($162.82 million), after a legal challenge from some bondholders of Future companies that had...
by AIP Online Bureau | Mar 4, 2022 | International News, Non-Life, Reinsurance
Europe’s No 3 insurer said its exposure to the Russian market in terms of investments and insurance business was under constant evaluation. The moves come as Western countries seek to distance themselves from Russian business after President Vladimir Putin...
by AIP Online Bureau | Feb 28, 2022 | Indian News, Life, Non-Life
Future Enterprises said in January that it had decided to sell its 25% stake in Future Generali India Insurance Company to Generali Mumbai: A Mumbai city civil court has blocked Future Enterprises from selling its stake in its general insurance joint venture business...
by AIP Online Bureau | Jan 27, 2022 | Indian News, Non-Life
Generali will raise its stake to around 74 per cent in Future Generali India Insurance Company and 68 per cent in Future Generali India Life Insurance Company Generali to acquire from Future Enterprises Limited 25 per cent of the shares of Future Generali India...
by AIP Online Bureau | Dec 8, 2021 | Indian News, Life, Non-Life
Future and another Indian entity together own a 51% stake in the life-insurance joint venture with Generali, while Future holds all of the remaining 51% stake in the non-life insurance venture Future is hoping to raise 30 billion rupees ($400 million) by selling its...
