Zurich has secured an extension to make a formal takeover offer for the British speciality insurer after the parties confirmed an agreement in principle earlier in the month.
The scheme shifts Religare’s lending, broking, and investment operations into Religare Finvest, with a separate listing targeted for Q1 FY28, subject to approvals.
Infrastructure investment incentives and crypto capital tweaks under Hong Kong’s proposed RBC changes are likely to have limited impact on rated insurers’ capital positions.
