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India: Arthur J Gallagher acquires 100% of insurance brokerage


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).
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