Generali has completed a deal to become the majority shareholder in its Future Generali India Life joint venture, the Italian insurer said on Wednesday.. | March 30, 2022
Italian financial services firm Generali said on Wednesday that it had become the majority shareholder of the Indian life insurance joint venture following all the regulatory approval.
Get latest articles and stories on Latest News at LatestLY. Italian financial services firm Generali on Wednesday said it has become the majority shareholder of the Indian life insurance joint venture following all the regulatory approval. Latest News | Generali Becomes Majority Shareholder in Indian Life Lnsurance Joint Venture.
Generali will also have the option to buy out the company’s remaining interest in FGIICL, subject to applicable regulatory approvals, the company said.