, India
/Freepik

QBE Insurance moves to take full control of Raheja QBE

Deal ends 18 years of joint ownership with Prism Johnson Limited, pending regulator review.

Australia-headquartered QBE Insurance Group is set to become the sole owner and shareholder of Raheja QBE, subject to regulatory approval.

This move follows 18 years of joint ownership with Prism Johnson Limited.

There will be no changes to its operations and service standards as the transaction is reviewed by the Insurance Regulatory and Development Authority of India (IRDAI).
 

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