27 Insurers!

MAGMA HDI GENERAL INSURANCE AND LIBERTY VIDEOCON GENERAL INSURANCE ISSUED R3 LICENSE

Written by Bimabazaar- Adminstrator
Friday, 25 May 2012 12:48
PDF Print E-mail
IRDA has issued R3 licente to Magma HDI General Insurance and Liberty Videocon General Insurance.
Magma HDI General Insurance is a joint venture between Magma Fincorp Limited and HDI-Gerling International Holding AG, Germany. Magma Fincorp and HDI-Gerling entered the joint venture agreement on 28 July 2009 at Kolkata and decided to enter the general insurance sector in India. Mr. Swaraj Krishnan will head this joint venture between Magma and HDI.

Liberty Videocon General Insurance is a joint venture between Liberty Mutual Insurance of United States and Videocon Group of India. Mr. Roopam Asthana is CEO-Designate and Director at Liberty Videocon General Insurance Co. Ltd.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s