Home Current Affair August 2020 ICICI Lombard acquire Bharti AXA General Insurance

ICICI Lombard acquire Bharti AXA General Insurance


  • ICICI Lombard General has acquired Bharti Enterprises-promoted Bharti AXA General Insurance in an all-stock transaction. Bharti Enterprises currently owns a 51% stake in Bharti AXA General Insurance, while French insurer AXA has 49%.
  • About ICICI Lombard,
    - ICICI Lombard General Insurance Company Limited is a general insurance company in India, that was founded in 2001. It is engaged in general insurance, reinsurance, insurance claims management, and investment management.
    - At Present, The Managing Director (MD) of ICICI Lombard is Bhargav Dasgupta.

Published On : 24 Aug 2020

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