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HDFC Ltd. And ERGO International AG formed a joint venture firm named HDFC ERGO General Insurance Company Limited. [3] ERGO became a 49% stakeholder in the Company in 2015. In June 2019, HDFC announced plans to acquire a 51.2 percent stake in Apollo Munich Health Insurance and later merged it with its general insurance arm, HDFC ERGO. [4]
HDFC Life Insurance Company Limited (d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.
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 company with a registered paid up capital of US$29.5 million, is licensed and regulated by the DFSA to undertake life reinsurance business in the UAE and provide risk-transfer solutions, prudent underwriting solutions and value added services, among others, which includes individual life, group life and group credit life lines of business and currently offers reinsurance capacity in the ...
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.
In February 2000, Geojit launched online trading. In 2003, the company ventured into commodity trading with the launch of rubber trading. In 2004, commodity trading in cardamom was launched. In 2005, Rakesh Jhunjhunwala, a renowned Indian Equity Investor, took a significant stake in the company and joined the Board of Directors of the company [21].
HDFC ERGO General Insurance Company: Permission (Reusing this file) Public domain Public domain false false: This logo image consists only of simple geometric shapes ...
A stationary bicycle (also known as exercise bicycle, exercise bike, spinning bike, spin bike, or exercycle) is a device used as exercise equipment for indoor cycling. It includes a saddle , pedals , and some form of handlebars arranged as on a (stationary) bicycle .