DHFL bankruptcy: Irdai rules out troubles for two insurance arms; asks insurers to write off exposure

DHFL Pramerica Life, launched in 2008, is a joint venture between DHFL Investments, a wholly-owned arm of DHFL, and Prudential International Insurance Holdings of the US, has Rs 4,675 crore assets under management. DHFL General Insurance, on the other hand, is a fully-owned subsidiary of Wadhawan Global Capital, the holding company of the HDFL Group.

from Banking/Finance-Industry-Economic Times https://ift.tt/2DTEeZe