Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
According to HDFC's latest annual report, the mortgage lender has over 10 subsidiaries, including HDFC Life Insurance, HDFC Ergo General Insurance, and HDFC Asset Management
Apart from HDFC Bank's 'Vigil Aunty', a host of private sector general insurers also offer individual cyber insurance policies
In the June quarter, the non-life insurance industry netted premiums to the tune of Rs 54,492 crore, up 23 per cent YoY
HDFC Ltd, which holds over 50% stake in HDFC Ergo, has nominated its Vice Chairman and MD Keki Mistry as non-executive chairman of the insurance firm
Fair trade regulator CCI on Monday approved HDFC Bank's acquisition of 4.99 per cent shareholding in HDFC ERGO General Insurance Company.
The bank has been a distribution partner of the insurer since 2009.
Mumbai (Maharashtra) [India], June 15 (ANI/NewsVoir): HDFC ERGO, the country's third-largest non-life insurance provider in the private sector, and TropoGo, a Deep Tech start-up, have partnered to offer commercial drone owners and operators Third Party Liability claims cover for property damage and bodily injuries.
HDFC's share price were down almost 8 per cent to Rs 1,512
Earlier this month, HDFC ERGO got regulatory approvals for acquiring a majority shareholding in Apollo Munich Health Insurance Co Ltd.
In future, there would be review and rationalisation of products and their features
The general insurance company has recently completed acquisition of L&T General Insurance
Pays Rs 1,122 cr for stake valuing company at Rs 4,900 crore
First such consolidation in India's general insurance sector
The foreign partner has paid Rs 1,122 cr for the additional stake