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Shriram General Insurance is engaged in commercial and retail vehicle insurance, home insurance and travel insurance. It is a joint venture between Shriram Group and Sanlam. [13] Shriram Capital (formerly Shriram Financial Ventures) is the holding company and promoter of Shriram Group's financial services and insurance businesses. [14]
SBI General Insurance: Private Mumbai: 2010 26 Shriram General Insurance Private Jaipur: 2008 27 Star Health and Allied Insurance Private Chennai: 2006 28 Tata AIG General Insurance: Private Mumbai: 2001 29 The Oriental Insurance Company: Govt. New Delhi: 1947 30 United India Insurance Company: Govt. Chennai: 1938 31 Universal Sompo General ...
In 1961, he started his career as a Trainee Officer with New India Assurance Co. Limited, a general insurance company. [2] Following his stint, in 1974, he set up Shriram Chits to start commercial financing business along with his friends. Over the period of time, the business evolved into a ₹60,000 crore entity.
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ICICI Lombard General Insurance is the largest private-sector general insurance company in India. [ 5 ] In a 2016 fiscal, ICICI Bank sold a 9.0% stake in ICICI General to its joint venture partner, Fairfax Financial Holdings, at a company valuation of ₹ 172.25 billion (equivalent to ₹ 250 billion or US$2.9 billion in 2023). [ 6 ]
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a ...
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