2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which among the company join hands with Bharti AXA General Insurance recently?
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IRCTC
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Paytm
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BSNL
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Air India
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Explanation:
Detailed explanation-1: -We are better together.Bharti AXA General Insurance is now a part of ICICI Lombard .
Detailed explanation-2: -ICICI Lombard’s combined ratio - the sum of incurred losses and expenses divided by the premium earned - was at about 101% before the merger and has worsened to 104% after the Bharti takeover. The combined ratio is a measure of an insurance company’s profitability.
Detailed explanation-3: -ICICI Lombard gets in-principle approval from IRDAI approval to acquire Bharti AXA General Insurance.
Detailed explanation-4: -The scheme of arrangement between Bharti AXA and ICICI Lombard came into effect on September 8, 2021.
There is 1 question to complete.