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ageasfederal.com

Founded Year

2008

Stage

Shareholder Liquidity | Alive

About Ageas Federal Life Insurance

As of March 29th, 2022, Ageas Insurance International acquired a majority stake in Ageas Federal Life Insurance. The terms of the transaction were not disclosed. Ageas Federal Life Insurance is a joint venture of Federal Bank and Ageas. It offers a wide variety of Life Insurance plans.

Ageas Federal Life Insurance Headquarter Location

22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East)

Mumbai, 400013,

India

1800 209 0502

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Latest Ageas Federal Life Insurance News

CCI approves acquisition of Ageas Federal Life Insurance by Ageas Insurance

Jul 15, 2022

The Competition Commission of India (CCI) on Friday said it has approved the acquisition of Ageas Federal Life Insurance Company Limited by its group company Ageas Insurance International NV. ANI | New Delhi | Updated: 15-07-2022 23:41 IST | Created: 15-07-2022 23:37 IST Representative Image. Image Credit: ANI Country: SHARE The Competition Commission of India (CCI) on Friday said it has approved the acquisition of Ageas Federal Life Insurance Company Limited by its group company Ageas Insurance International NV. The proposed combination pertains to the acquisition of further shareholding in Ageas Federal Life Insurance Company Limited (AFLI) by Ageas Insurance International NV (Acquirer), CCI said in a statement. Ageas is the ultimate holding company of the Ageas group, it is an international insurance group having business activities in Europe and Asia. The products and service offered by the Ageas group globally include life insurance products, general non-life insurance products, reinsurance services and distribution of insurance products. Ageas Federal Life Insurance Company Limited (AFLI) is engaged in the business of providing life insurance products in India under the category of term plan, child plan, ULIP plan, saving plan, retirement solutions, health plan, group plan, online plans, etc. Ageas currently has 49 per cent shareholding in AFLI and it jointly controls the operations of AFLI along with the other shareholders viz., IDBI and Federal Bank. (ANI) (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.) READ MORE ON:

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  • When was Ageas Federal Life Insurance founded?

    Ageas Federal Life Insurance was founded in 2008.

  • Where is Ageas Federal Life Insurance's headquarters?

    Ageas Federal Life Insurance's headquarters is located at 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi, Mumbai.

  • What is Ageas Federal Life Insurance's latest funding round?

    Ageas Federal Life Insurance's latest funding round is Shareholder Liquidity.

  • Who are the investors of Ageas Federal Life Insurance?

    Investors of Ageas Federal Life Insurance include IDBI Bank, Ageas and Federal Bank.

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