The terms of the transaction were not disclosed. The deal is subject to approval by the IRDAI.
Headquartered in Mumbai, with branches in Delhi, Kolkata and Bangalore, Edelweiss Gallagher Insurance Brokers is an insurance/reinsurance broker offering general insurance solutions to clients across India within four business lines – corporate, affinity & association, reinsurance & global, and digital solutions.
In 2019, Arthur J Gallagher bought a 30% minority stake in Edelweiss Insurance Brokers (since renamed Edelweiss Gallagher Insurance).
Stock Market: Corporate profit will show uptick for next 4-5 years: Rashesh Shah indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.