CRISIL reaffirmed its AAA/STABLE rating, indicating that the company has the highest degree of financial strength. a wide range of insurance products to cater to the insurance needs of different segments of society. NIA is the only direct insurer in India rated A-(Excellent – Positive outlook) by AM Best. Since its inception on 18th February 1938, United India Insurance Company Limited has been offering. Only Indian General Insurance Company to have presence in 28 countries.The ratio of available solvency margin to required solvency margin standing at 2.3 times(Global).Market leadership position for four consecutive decades.Kenindia Assurance Company Ltd, Nairobi, Kenya The Company was a subsidiary of Life Insurance Corporation of India from 1956 to 1973 (till the General Insurance Business was nationalized in the country). Wafa Insurance, Saudi Arabia (Previously SICCI) The Company was a wholly owned subsidiary of The Oriental Government Security Life Assurance Company Ltd and was formed to carry out General Insurance business. India International Insurance Pvt Ltd, Singapore The foreign operations details are as follows: Comprehensive motor insurance - This is an elaborate insurance cover offered by all insurance companies in India.
This is also the minimum level of insurance a motor vehicle will have to be equipped with in order to ply on the roads (as per the provision under the Motor Vehicles Act, 1988). The company operates in 28 countries as of 2015-16. Since it offers limited coverage, the cost of a third-party insurance plan is low. The company, with its registered Head office in Mumbai, has about 31 regional offices, 6 Large Corporate Offices, 447 Divisional Offices, 578 Branches, 27 Direct Agent Branches and 1,239 Micro Offices, Elmo Auto hub, 2 centralised legal hubs totaling 2329 offices. Health Insurance TPA of India Ltd is a joint venture of public sector Non-life insurance companies National Insurance Co. New India Centre Building, Cooperage Road, Mumbai, Maharashtra
0 kommentar(er)
