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Can Nippon deal lead to rerating of other insurance firms?

Nippon Life Insurance Company has signed an agreement to acquire 26% stake in Reliance Life Insurance, a unit of Reliance Capital. The transaction, however, is subject to necessary regulatory approvals. Kajal Gandhi, Senior Research Analyst, ICICI Securities, in an interview on CNBC-TV18 gave her view on the deal that broke.

first published: Mar 14, 2011 03:08 pm

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