Acquiring Company
QBE Insurance Group
Acquired Company
Raheja QBE General Insurance
Sydney
MumbaiTravelInsuranceFinancial ServicesEmployee BenefitsInsuranceDescription
Prism Johnson Limited has divested its entire 51% stake in Raheja QBE General Insurance Company Limited to QBE Holdings (AAP) Pty Limited for Rs.324 crores. The transaction was approved by the Board on March 2, 2026, marking the termination of its joint venture with QBE Group. This move represents a strategic exit from the insurance sector for Prism Johnson.
Quick answer
QBE Insurance Group is acquiring Raheja QBE General Insurance, announced March 2, 2026. QBE Insurance Group is based in Sydney, New South Wales, Australia.
- How much did QBE Insurance Group pay for Raheja QBE General Insurance?
- The deal value was not disclosed.
- What does QBE Insurance Group do?
- QBE Insurance Group Limited was founded in Townsville, Queensland in 1886 and is an international insurer and reinsurer.
- Where are QBE Insurance Group and Raheja QBE General Insurance based?
- QBE Insurance Group is based in Sydney, New South Wales, Australia. Raheja QBE General Insurance is based in Mumbai, Maharashtra, India.
- Who are the decision-makers at QBE Insurance Group?
- Fundz holds 1 contact at QBE Insurance Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- King Risk Partners acquires Hanc Group in Georgia (February 12, 2026)
- AUB Group to acquire PIHL Holdings stake (January 27, 2026)
Who to call at QBE Insurance Group, and when
When QBE Insurance Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day QBE Insurance Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QBE Insurance Group, from your own LinkedIn network
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Frequently asked
Who acquired Raheja QBE General Insurance?
Raheja QBE General Insurance was acquired by QBE Insurance Group, based in Sydney. The deal was reported on March 2, 2026. QBE Insurance Group Limited was founded in Townsville, Queensland in 1886 and is an international insurer and reinsurer. It operates across three divisions with a local presence in 26 countries. QBE Insurance Group is privately held and operates in Travel.
When did QBE Insurance Group acquire Raheja QBE General Insurance?
QBE Insurance Group's acquisition of Raheja QBE General Insurance was reported on March 2, 2026. Prism Johnson Limited has divested its entire 51% stake in Raheja QBE General Insurance Company Limited to QBE Holdings (AAP) Pty Limited for Rs.324 crores. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Raheja QBE General Insurance do?
Raheja QBE General Insurance was established as a joint venture between the Rajan Raheja Group and QBE Insurance Group. The company specializes in commercial and corporate insurance products. It is privately held, operating in Financial Services, and is based in Mumbai.
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