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Shriram Life Insurance is the life insurance arm of the group, and a joint venture between Shriram Group and South African company Sanlam. [12] 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]
Akhila Srinivasan is the Managing Director of the Shriram Group Shriram Life Insurance Company. [1] She is also the founder of the Shriram Foundation, a philanthropic organization with a focus on education, micro-credit, and anti-poverty initiatives, and the founder and Managing Trustee of GiveLife, a related NGO focused on humanitarian projects.
Reliance Nippon Life Insurance Company: Private Mumbai: 2001 12: Aviva Life Insurance Company India Ltd. Private Gurugram: 2002 13: Sahara India Life Insurance Co. Ltd. Private Lucknow: 2004 14: Shriram Life Insurance Co. Ltd. Private Hyderabad: 2005 15: Bharti AXA Life Insurance Co. Ltd. Private Mumbai: 2008 16: Future Generali India Life ...
Shriram Life Insurance, India – 42% via Shriram Capital; Soras Vie, Rwanda – 100%; MCIS Life Insurance, Malaysia – 51%; Sanlam Life Insurance, Mozambique – 51% [citation needed] Zimnat Life Assurance, Zimbabwe – 40% [citation needed] Credit and banking: Letshego, operating in a number of African countries – 14% via BIHL [citation ...
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.
By 2017, it was the country's third-largest private sector life insurance company [6] with a 16.5 percent share of total private-sector premiums for the Financial Year 2017 and fourth largest in the life insurance industry based on premium earned and had 66,372 individual agents across India, comprising 6.8 percent of total private agents in ...
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