CURRENT AFFAIRS

Detailed explanation-1: -ICICI Lombard General Insurance is entering into a bancassurance tie-up with AU Small Finance Bank . The partnership will provide the bank’s diverse customers access to the insurer’s portfolio and enhance penetration across India.

Detailed explanation-2: -ICICI Lombard enters into bancassurance tie-up with AU Small Finance Bank | Business Standard News.

Detailed explanation-3: -AU Small Finance Bank, India’s leading small finance bank, on Monday (5 December 2022) entered into a Bancassurance tie-up with ICICI Lombard General Insurance.

Detailed explanation-4: -Bharti AXA General Insurance is now part of ICICI Lombard General Insurance.

Detailed explanation-5: -ICICI Lombard General Insurance Company Limited is a general insurance company in India. It is engaged in general insurance, reinsurance, insurance claims management and investment management. The company has a Gross Written Premium (GWP) of ₹143.20 billion (FY 2021).