Indian life insurer ICICI Lombard in talks to buy Bharti AXA

Indian life insurer ICICI Lombard in talks to buy Bharti AXA

Photo: Reuters

ICICI Lombard General Insurance Co. Ltd, India’s largest private non-life insurer, is in advanced discussions to acquire Bharti AXA General Insurance Co. Ltd and merge the insurance assets of the two companies, said two people aware of the talks.