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Tata AIG General Insurance Company Limited is an Indian general insurance company and a joint venture between the Tata Group and American International Group (AIG). [3] Tata Group holds a 51 percent stake in the insurance venture with AIG holding the balance of 49 percent. Tata AIG General Insurance Company, which started its operations in ...
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 Insurance Company Private Mumbai: 2007 32 Kshema General Insurance Limited Private Hyderabad: 2023 33 Galaxy Health Insurance Co Ltd Private Chennai: 2023
On 21 December 2012, AIG sold all of its 13.69% shareholding in AIA. [11] Since 2 June 2013, AIA has had an exclusive bancassurance agreement with Citibank that encompasses 11 AIA markets in Asia-Pacific, namely Hong Kong, mainland China, South Korea, Singapore, Thailand, Malaysia, Indonesia, the Philippines, Vietnam, Australia, and India. [12]
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AIG's corporate headquarters are in New York City and the company also has offices around the world. AIG serves 87% of the Fortune Global 500 and 83% of the Forbes 2000. [11] AIG was ranked 60th on the 2018 Fortune 500 list. [12] According to the 2016 Forbes Global 2000 list, AIG is the 87th largest public company in the world. [13]
AIC was incorporated on 20 December 2002 with an authorized capital of Rs. 1500 crore. The initial paid-up capital was Rs. 200 crores, which was subscribed by the promoting companies, General Insurance Corporation of India GIC (35%), NABARD (30%) and the four public-sector general insurance companies (8.75%) each, viz., National Insurance Co. Ltd., Oriental Insurance Co. Ltd.,
The Insurance Act of 1938 [9] was the first legislation governing all forms of insurance to provide strict state control over insurance business. Life insurance in India was completely nationalised on 19 January 1956, through the Life Insurance Corporation Act.
Ye, the artist formerly known as Kanye West, made a brief and rare appearance on Season 6 of "The Kardashians." The camera catches Ye, clad in all white, backstage at the Hollywood Bowl.
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