HDFC Life and Max group approves merger of two life insurance entities

Q.  Boards of which two life insurance entities approved their merger?

- Published on 09 Aug 16

a. HDFC Life, Religare
b. HDFC Life, Max Life Insurance
c. HDFC, TATA AIG
d. None of the above

ANSWER: HDFC Life, Max Life Insurance
 
Boards of HDFC Life and Analjit Singh’s Max Group companies on 8th August 2016 approved the merger of two life insurance entities
  • Merger will create the largest private sector life insurance company with assets under management of INR 1.1 lakh crore with 7 million customers
  • Exact value of the deal were not revealed

Related Content

➨ Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)
▲