Talanx enters Indian market via joint venture
Talanx-owned insurer HDI-Gerling will enter the Indian market through a joint venture with Indian firm NBFC Magma Fincorp after a three-year bid to gain a licence for the region.
The new company will begin writing property and casualty insurance business for the Indian market this autumn.
HDI-Gerling has invested more than €30m in the joint venture to purchase 26% of the
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