Loading...

ICICI Lombard frontrunner for Star Health in India

Image

 Insights

16-Apr-18 ICICI Lombard General Insurance has emerged as the frontrunner to acquire Chennai-based Star Health & Allied Insurance, edging past the competing consortium of WestBridge Capital and investor Rakesh Jhunjhunwala, valuing the company at INR6,000 crore (USD904 mn). [image: Business Medical Dialogues / Star Health]

Read More

A 'miracle' in India will disrupt e-wallets and incumbents

Image

 Insights

11-Apr-18 In Mar-18, the Indian National Payments Corporation reported that UPI saw more than 178 million transactions and totalling more than USD3.7 bn. At this rate, incumbent payment innovators might just get disintermediated themselves. [image: Bloomberg News]

Read More

India's HDFC in talks to buy Apollo Munich insurance

Image

 Insights

09-Apr-18 India's largest mortgage lender Housing Development Finance (HDFC) is in advanced talks to acquire Apollo Munich Health Insurance for INR1,000 crore (USD153 mn). Apollo Munich is the second largest standalone health insurance provider in India after Star Health. [image: The Economic Times]

Read More