The scheme shifts Religare’s lending, broking, and investment operations into Religare Finvest, with a separate listing targeted for Q1 FY28, subject to approvals.
The deal will combine the groups’ international platforms into an enlarged network spanning more than 130 countries and managing over US$3.5bn in premiums.
The AIA Alta Club add-on pairs WeChat-based doctor-and-nurse teams with priority booking at designated Grade 3A hospitals for members and up to three family members.
Munich Re’s Epidemic Risk Solutions teams in London, Munich and Singapore will provide modelling and underwriting for the consortium, which aims to address insurance gaps revealed by the Covid-19 outbreak...
Personal accident premiums surged 149.5% year on year, and aviation more than doubled, up 115.7%, while miscellaneous was the lone drag on December growth.
