trending Market Intelligence /marketintelligence/en/news-insights/trending/_OJ33q6LA8b0Vi3p25da_Q2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: HDFC Ergo, L&T General in talks to merge

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Report: HDFC Ergo, L&T General in talks to merge

Promoters of L&T General Insurance and are discussing the possibility of a merger of the two general insurers, The Economic Times reported May 6,citing sources.

L&T General is also considering bringing on a foreignpartner.

HDFC ERGO is a joint venture between and ERGO InternationalAG, the primary insurance entity of . HDFC may end up as thedominant shareholder in the new entity if a merger does go through. ERGO maybuy up some of the fresh equity to maintain its at 49%.