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The company was initially promoted as a joint venture between Sundaram Finance, one of the most respected non-banking financial institutions (NBFCs) in India and Royal & SunAlliance Insurance plc, UK, one of the oldest general insurers in the UK. In July 2015, Sundaram Finance acquired the 26% equity holding from Royal & SunAlliance Insurance plc.
On 20 September 2024, Reuters reported that 7.24 terabytes of data of about 31 million Star Health customers, including sensitive personal and health data, was leaked by a threat actor named "xenZen" on Telegram through Telegram chatbots and on their leak website. [10]
At this point the United States was the Royal’s largest single market, representing 41% of its worldwide general insurance premiums. The acquisitions continued unabated. To strengthen its life business, Royal bought Lloyd’s Life in 1985 for £93 million, followed by the US life company Macabees in 1989.
Launched in 2002 Maruti Suzuki provides vehicle insurance to its customers with the help of the National Insurance Company, Bajaj Allianz, New India Assurance and Royal Sundaram. The service was set up the company with the inception of two subsidiaries Maruti Insurance Distributors Services Pvt. Ltd and Maruti Insurance Brokers Pvt. Limited. [94]
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The company's motto is 'T3' – 'Trust, Transparency and Technology'. Chola MS was named the best insurance company in India for "In time Claims Settlement for the year 2011–12" in the Rashtriya Swasthya Bima Yojana scheme run by the Ministry of Labour & Employment, Government of India. [3]
Sundaram Medical Foundation (also referred to as SMF or Dr. Rangarajan Memorial Hospital) is a community-centered, non-profit, trust hospital established in 1990 by S. Rangarajan. [1] Sundaram Medical Foundation's main hospital premises operate at Shanthi Colony in the neighborhood of Anna Nagar , while an outpatient facility operates at Elango ...
Royal London became a mutual life assurance society in 1908. Other elements of the modern business are older than the primary brand: for example Royal Liver Assurance was founded in 1850, while the Irish business, until recently branded as Caledonian Life dates back to 1824, and represents the Caledonian Insurance Company founded in Edinburgh ...