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Dabur CGU to launch products soon
29/October/2001
CGU, after having tied up with Dabur for insurance is now all
set to enter the mutual fund business too with the same partner
by setting up an asset management company. The UK major plans to
hold a majority stake in the mutual fund business.
Their insurance venture, Dabur CGU Life Insurance will soon be
launching its products which will include savings, protection and
pension products. The venture plans to cash in on the Dabur brand
reputation particularly in the rural areas and utilize their existing
distribution network for selling insurance.
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