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HDFC Standard Life Insurance Company News
HDFC Standard Life Insurance Company
Insurance cos to focus on IPOs, consolidation in 2018
Sat, Dec 30, 2017
Besides the spate of IPOs, 2018 will also witness some consolidation in the insurance space although the merger of Max Life and Max Financial Services with HDFC Standard Life Insurance could not go through.
HDFC Standard Life IPO begins; Is it worth subscribing?
Tue, Nov 07, 2017
HDFC Standard is offering nearly 30 crore equity shares and plans to raise nearly Rs 8,695 crore from this issue.
Fresh merger structure to IRDAI by Max Life-HDFC Life
Sun, Dec 18, 2016
In the wake of Insurance Regulatory and Development Authority of India's (IRDAI) 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.
After Max Life tie-up with HDFC; Axis Bank strengthens its bancassurance with LIC
Fri, Jul 29, 2016
Rajiv Anand, Executive Director & Head Retail Banking, Axis Bank, added, “Banks have increased their role in Insurance distribution with Bancassurance being the biggest contributor. Over the last five years the Life Insurance business at Axis Bank has grown at a CAGR of over 25%. The partnership with LIC would enable us to further expand our existing bouquet of offerings and put forth a compelling proposition for our customers.”
Is it an end of Axis Bank partnership with Max Life?
Fri, Jun 17, 2016
"If the merger were to happen then it needs to be seen if Axis Bank continues with its equity ownership and also if Axis Bankcontinues to be a bancassurance partner for the new combined entity," Deutsche Bank says in Money Control reports.
Max Financial and HDFC Standard talk merger, stock jumps 14%
Fri, Jun 17, 2016
Due to the merger news, the stock of Max Financial Services was trading nearly 14% on the BSE.