Max Life and Max Financial Services have entered into merger agreement with which of the following insurance company? A) Oriental Insurance Company B) ICICI Prudential Life Insurance Co. Ltd C) HDFC Standard Life D) Tata AIG general Insurance E) Birla Sun Life Insurance

1 Answer

Answer :

C) HDFC Standard Life Explanation: HDFC Standard Life and Max Life and Max Financial Services are entered into merger agreement that will create the largest private player in India‘s insurance sector. The proposed merger between the companies will create an entity with assets worth over Rs 1 lakh crore. A combination of the entities would be overtaking ICICI Prudential Life Insurance Co. Ltd

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