UPDATE 1-ING sells stake in Indian life insurance joint venture

Newswire

* ING aims to sell all its Asian insurance operations * India's insurance business buckles under problems (Adds details, background) AMSTERDAM/MUMBAI, Jan 23 (Reuters) - Dutch banking and insurance group ING is to sell its 26 percent stake in an Indian insurance venture to local partner Exide Industries , the second foreign insurer to exit a competitive sector in India within a year. ING said on Wednesday the move was part of the sale of all its ...

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