| 'Our losses are in line with the global experience' | 13-OCT-09 |
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| HDFC entered into the non-life insurance space eight years ago in partnership with Chubb. The tie-up was ended in 2007 and a new 74:26 joint venture was formed with Ergo, a Munich Re subsidiary, in 2008. In his first interview, Ritesh Kumar, managing director and chief executive officer of HDFC Ergo General Insurance, speaks to Shilpy Sinha about where the company stands today and the way ahead. |
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| Rel General crosses over Rs 1,000 cr premium in H1 | 11-OCT-09 |
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| Anil Ambani Group firm Reliance General Insurance has achieved a premium collection of more than Rs 1,000 crore in the first half of this fiscal, making it the fastest growing non-life insurer among the top-five private players. |
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| Bharti Axa to get Rs 645 crore capital infusion | 09-OCT-09 |
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| Bharti Axa General Insurance Company is planning to infuse Rs 645 crore of capital in the next five years. It is also looking at expanding its network and planning to add 500 agents during the current year. |
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| Pvt placement debuts in public sector banks | 22-SEP-09 |
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| Public sector player Punjab & Sind Bank (PSB) is drawing up plans to privately place equity shares with institutional investors ahead of an initial public offer next year. |
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| Reliance General bags Air India insurance mandate | 10-SEP-09 |
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| A consortium led by Reliance General Insurance Company on Wednesday bagged the mandate for providing insurance to Air India for $24.3 million. The cover will be provided for one year, starting September. |
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| L&T likely to start general insurance biz in six months | 18-AUG-09 |
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| Larsen & Toubro Ltd is likely to start general insurance business operations in six months without roping in a partner, Chief Financial Officer YM Deosthalee has said. “We are in the process of finalising the business plan. The funding will depend upon that,” Deosthalee said. |
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| L&T to enter general insurance biz | 17-AUG-09 |
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| Multi-crore, diversified group Larsen & Toubro (L&T) today said it would enter the general insurance in the next six months and would go solo in its new venture. |
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| Magma inks deal with German insurer HDI Gerling | 28-JUL-09 |
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| Magma Fincorp today entered into a joint venture agreement with German insurer HDI Gerling International Holding AG (HDI) for general insurance company. HDI is a part of Talanx AG Group and the third-largest insurance group in Germany. |
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