VERIFIEDET Finance·9 Jul 2026neutral

Aviva set to become first foreign insurer to fully own India life business

AI Summary

·Aviva Plc is set to fully own its Indian life insurance venture after New Delhi allowed total foreign ownership.
·Aviva will acquire the remaining 26% stake from its partner, Dabur Invest Corp.
·This transaction is the first deal under the government's liberalized foreign ownership policy.