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SBI General Insurance premium income up 83% to Rs 541 cr in H1
SBI General Insurance today said it has seen a healthy 83 per cent growth in premium income to Rs 540.93 crore in the first half of the current financial year.
SBI to discontinue free accident cover for loan customers
Country's largest bank SBI will discontinue a free accident insurance cover given t...
SBI, SBI General Insurance provide personal accident cover to 7 million
State Bank of India today said it has provided personal accident cover to over 7 million of its account holders across the country in association with SBI General Insurance.
Reliance General, Royal Sundaram submit merger proposal to Irda
Reliance General Insurance and Royal Sundaram Alliance have submitted a proposal to the insurance regulator to merge their businesses.
SBI gets final nod for non-life venture
Public lender State Bank of India (SBI) today received final approval for its general insurance subsidiary from the regulator IRDA.
SBI & BoB insurance ventures get IRDA nod, final OK later
Competition is set to intensify in India’s insurance sector, with new entrants waiting to launch life, non-life and stand-alone health insurance firms.
SBI may commence general insurance biz by March 2010
SBI, said it is likely to start its general insurance business by March next year. The general insurance venture promoted by SBI and Insurance Australia Group of Australia has started recruitment of top level management for the company.
IRDA gives first-stage approval to SBI for its general ins biz
Insurance regulator, IRDA, said it has given first-stage approval to SBI for its general insurance venture. SBI has tied-up with Insurance Australia Group for its general insurance foray.
SBI gets IRDA nod for non-life JV
Insurance Regulatory and Development Authority (IRDA) has granted an in-principle approval to the State Bank of India (SBI) for its proposed non-life joint venture with IAG of Australia.
Liberty Mutual, Religare may tie up for non-life JV
US insurer Liberty Mutual is understood to have approached Religare Enterprises for a possible joint venture in non-life space after its proposed joint venture with Dabur fell through.
SBI likely to finalise JV structure with IAG by next month
Stage is set for the entry of State Bank of India into general insurance as the country's largest lender is expected to finalise the terms for joint venture with Insurance Australia Group (IAG) by next month.
SBI, Insurance Australia to tie up for non-life
SBI decided to partner Insurance Australia Group for its proposed non-life joint venture. The two cos are likely to announce their partnership soon. Keep good health
SBI to finalise general insurance partner shortly
Country's largest lender State Bank of India today said it will finalise its non-life insurance partner during the month.
IAG's next target is India after China
With an eye to tap the huge market potential in India, Insurance Australia Group (IAG) has been advised to operate here after its protracted bid for a stake in China's third largest insurer soured.
Warburg, Temasek lead the race for SBI General stakes
The two aforementioned companies are likely to acquire a maximum 9.9 per cent each.
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