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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]
Pramerica Life Insurance Co. Ltd. Private Gurugram: 2008 21: Star Union Dai-ichi Life Insurance: Private Mumbai: 2008 22: IndiaFirst Life Insurance Co. Ltd. Private Mumbai: 2009 23: Edelweiss Life Insurance Co. Ltd. Private Mumbai: 2011 24: Credit Access Life Insurance limited: Private Bengaluru: 2023 25: Acko Life Insurance Limited: Private ...
R. Thyagarajan is an industrialist and founder of Chennai-based Shriram Group, a financial services conglomerate along with AVS Raja and T. Jeyaraman. He was awarded the Padma Bhushan, India's third highest civilian award, in 2013 in the field of trade and industry. [1]
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.
The prime minister of India announced an insurance repository system, helping policyholders buy and maintain insurance policies in electronic form rather than on paper. Insurance repositories, like share depositories or mutual fund transfer agencies, will hold electronic records of insurance policies issued to individuals as electronic policies ...
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 ]
The firm produces a range of insurance products, including motor, health, accident, engineering, liability, marine, property, travel and rural insurance for individuals and corporate insurance. The company achieved a Gross Written Premium of Rs. 13465 million in 2011 – 12. The company has 93 branches and over 6,000 agents across the country. [2]
The business of general insurance was nationalised through The General Insurance (Emergency) Provisions Ordinance promulgated on 13 May 1971 and thereby the business being carried on by 107 entities was consolidated and restructured into four companies namely The New India Assurance Company Limited, Bombay, United India Fire & General Insurance Company Limited, Madras, Oriental Fire & General ...