Insurance Regulator Approves Axis Entities' Stake Acquisition In Max Life Insurance
Business | Edited by Nirmalya Sen | Thursday February 25, 2021
The IRDAI approval was an integral step in this long-awaited joint venture transaction which was first announced in April 2020
Axis Bank Gains Over 3% On Getting Nod For Stake Purchase In Max Life Insurance
Business | Edited by Peter Noronha | Thursday February 25, 2021
IRDAI gave its formal approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries, Axis Capital & Axis Securities (together Axis Entities)
Axis Bank Cuts Stake Purchase In Max Life Insurance To 17% From 29%
Business | Edited by Abhik Deb (with inputs from agencies) | Monday August 24, 2020
Initially Axis Bank hadplanned to raise its stake in the insurer to 30 per centfor about Rs 1,590 crore
Max Financial Calls Off Merger With HDFC Standard Life Insurance
Business | Thomson Reuters | Monday July 31, 2017
HDFC Standard Life, a joint venture between HDFC Ltd and Britain's Standard Life Plc, agreed last year to take over smaller rival Max Life Insurance in a deal to create India's top private life insurer.
Max Life, HDFC Life 'Committed To Merger', Weighing Options
Business | Press Trust of India | Thursday June 8, 2017
HDFC Life and Max Life Insurance had filed an application seeking in-principle approval of Irdai for the proposed amalgamation scheme on September 21, 2016.
HDFC, Max Financial Say No Communication From Government On Merger
Business | Press Trust of India | Wednesday May 24, 2017
"With reference to scheme of amalgamation involving HDFC Life, Max Financial Services, Max Life Insurance and Max India, the Corporation (HDFC) has not received any independent confirmation in this regard from any regulator/government authority," HDFC said in a regulatory filing.
Fresh Merger Structure To Insurance Regulator By Max Life-HDFC Life
Business | Press Trust of India | Sunday December 18, 2016
In the wake of Insurance Regulatory and Development Authority of India's (IRDA) reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a new structure is likely to be submitted soon, IRDA officials said.
Standard Life's Indian Deal Faces Opposition By Local Regulators
Business | Thomson Reuters | Monday November 14, 2016
In August HDFC Standard Life Insurance Co (HDFC Life) agreed to buy Max Life Insurance in an all-stock deal to create the nation's top private life insurer valued at nearly $10 billion.
HDFC, Max Financial In Spotlight After Merger Of Life Insurance Business
Business | NDTV Profit Team | Tuesday August 9, 2016
Shares of HDFC and Max Financial Services were in spotlight today. HDFC's live insurance arm HDFC Standard Life Insurance reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create the nation's top private life insurer valued at nearly $10 billion.
HDFC Life Reaches Deal With Max To Create Rs 65,000-Crore Insurer
Business | Reuters | Monday August 8, 2016
HDFC Standard Life Insurance Co Ltd reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create India's top private life insurer valued at nearly $10 billion (around Rs 65,000 crore).
Analysts Explain Why HDFC Life, Max Life Insurance Are Merging
Business | NDTV Profit Team | Friday June 17, 2016
HDFC Standard Life Insurance on Friday said it has agreed with Max Financial Services and subsidiary Max Life Insurance to open exclusive merger talks, as the trio target an increased share of domestic insurance market. Shares of Max Financial Services and HDFC rallied sharply today.
Max Financial Services Shares Zoom 20% On Merger With HDFC Life
Business | Press Trust of India | Friday June 17, 2016
Shares of Max Financial Services soared 20 per cent to touch its highest trading permissible limit of the day as the company and Max Life Insurance will merge into HDFC Standard Life Insurance.
Max Life, HDFC Standard In Pact To Create India's Biggest Private Life Insurer
Business | NDTV Profit Team | Friday June 17, 2016
According to analysts, the merger between Max Life and HDFC Life will create a behemoth with a market cap of Rs 50,000 crore.
Commodity Stocks Worth A Closer Look Now: Mihir Vora
Business | NDTV Profit Team | Wednesday March 16, 2016
Mihir Vora, director and chief investment officer at Max Life Insurance, says it's time to take some exposure in metal stocks. The sharp correction in some commodity stocks merited a relook at these stocks, he said.
LIC Loses 5% New Premium Market Share to Rivals
Business | Friday May 1, 2015
The largest private player ICICI Pru Life's premium income surged 42 per cent to Rs 5,333.30 crore in 2014-15 from Rs 3,761.32 crore a year ago. But the number of policies the company sold fell 18 per cent to 6,39,137 in the year from 7,78,911 in FY14.
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Insurance Regulator Approves Axis Entities' Stake Acquisition In Max Life Insurance
Business | Edited by Nirmalya Sen | Thursday February 25, 2021
The IRDAI approval was an integral step in this long-awaited joint venture transaction which was first announced in April 2020
Axis Bank Gains Over 3% On Getting Nod For Stake Purchase In Max Life Insurance
Business | Edited by Peter Noronha | Thursday February 25, 2021
IRDAI gave its formal approval for the acquisition of up to 12 per cent stake in Max Life Insurance by Axis Bank and its subsidiaries, Axis Capital & Axis Securities (together Axis Entities)
Axis Bank Cuts Stake Purchase In Max Life Insurance To 17% From 29%
Business | Edited by Abhik Deb (with inputs from agencies) | Monday August 24, 2020
Initially Axis Bank hadplanned to raise its stake in the insurer to 30 per centfor about Rs 1,590 crore
Max Financial Calls Off Merger With HDFC Standard Life Insurance
Business | Thomson Reuters | Monday July 31, 2017
HDFC Standard Life, a joint venture between HDFC Ltd and Britain's Standard Life Plc, agreed last year to take over smaller rival Max Life Insurance in a deal to create India's top private life insurer.
Max Life, HDFC Life 'Committed To Merger', Weighing Options
Business | Press Trust of India | Thursday June 8, 2017
HDFC Life and Max Life Insurance had filed an application seeking in-principle approval of Irdai for the proposed amalgamation scheme on September 21, 2016.
HDFC, Max Financial Say No Communication From Government On Merger
Business | Press Trust of India | Wednesday May 24, 2017
"With reference to scheme of amalgamation involving HDFC Life, Max Financial Services, Max Life Insurance and Max India, the Corporation (HDFC) has not received any independent confirmation in this regard from any regulator/government authority," HDFC said in a regulatory filing.
Fresh Merger Structure To Insurance Regulator By Max Life-HDFC Life
Business | Press Trust of India | Sunday December 18, 2016
In the wake of Insurance Regulatory and Development Authority of India's (IRDA) reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a new structure is likely to be submitted soon, IRDA officials said.
Standard Life's Indian Deal Faces Opposition By Local Regulators
Business | Thomson Reuters | Monday November 14, 2016
In August HDFC Standard Life Insurance Co (HDFC Life) agreed to buy Max Life Insurance in an all-stock deal to create the nation's top private life insurer valued at nearly $10 billion.
HDFC, Max Financial In Spotlight After Merger Of Life Insurance Business
Business | NDTV Profit Team | Tuesday August 9, 2016
Shares of HDFC and Max Financial Services were in spotlight today. HDFC's live insurance arm HDFC Standard Life Insurance reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create the nation's top private life insurer valued at nearly $10 billion.
HDFC Life Reaches Deal With Max To Create Rs 65,000-Crore Insurer
Business | Reuters | Monday August 8, 2016
HDFC Standard Life Insurance Co Ltd reached agreement on Monday to take over smaller rival Max Life Insurance in an all-stock deal to create India's top private life insurer valued at nearly $10 billion (around Rs 65,000 crore).
Analysts Explain Why HDFC Life, Max Life Insurance Are Merging
Business | NDTV Profit Team | Friday June 17, 2016
HDFC Standard Life Insurance on Friday said it has agreed with Max Financial Services and subsidiary Max Life Insurance to open exclusive merger talks, as the trio target an increased share of domestic insurance market. Shares of Max Financial Services and HDFC rallied sharply today.
Max Financial Services Shares Zoom 20% On Merger With HDFC Life
Business | Press Trust of India | Friday June 17, 2016
Shares of Max Financial Services soared 20 per cent to touch its highest trading permissible limit of the day as the company and Max Life Insurance will merge into HDFC Standard Life Insurance.
Max Life, HDFC Standard In Pact To Create India's Biggest Private Life Insurer
Business | NDTV Profit Team | Friday June 17, 2016
According to analysts, the merger between Max Life and HDFC Life will create a behemoth with a market cap of Rs 50,000 crore.
Commodity Stocks Worth A Closer Look Now: Mihir Vora
Business | NDTV Profit Team | Wednesday March 16, 2016
Mihir Vora, director and chief investment officer at Max Life Insurance, says it's time to take some exposure in metal stocks. The sharp correction in some commodity stocks merited a relook at these stocks, he said.
LIC Loses 5% New Premium Market Share to Rivals
Business | Friday May 1, 2015
The largest private player ICICI Pru Life's premium income surged 42 per cent to Rs 5,333.30 crore in 2014-15 from Rs 3,761.32 crore a year ago. But the number of policies the company sold fell 18 per cent to 6,39,137 in the year from 7,78,911 in FY14.
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Mar 21, 2020
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Mar 17, 2019
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Mar 31, 2017
Low Rates Not Enough For Growth: Mihir Vora
Jan 16, 2017
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Dec 16, 2016
Difficult To Assess How Long The Pain Of Demonetisation Lasts: Mihir Vohra
Nov 25, 2016
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